SEC Form 4 · accession 0001127602-15-017974
ASPEN TECHNOLOGY INC /DE/ · AZPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark P. Sullivan
Officer — Executive VP & CFO
Period of report
May 18, 2015
Accepted (ET)
May 20, 2015 · 4:25 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000929940
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 18, 2015 | M | 3,094 | $10.93 | A | 82,476 | D | |
| Common Stock | May 18, 2015 | M | 6,387 | $32.54 | A | 88,863 | D | |
| Common Stock | May 18, 2015 | M | 6,851 | $23.38 | A | 95,714 | D | |
| Common Stock | May 18, 2015 | M | 9,375 | $15.50 | A | 105,089 | D | |
| Common Stock | May 18, 2015 | S | 25,707 | $43.00 | D | 79,382 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1 | $10.93 | May 18, 2015 | M | 3,094 | D | — | Aug 1, 2017 | Common Stock | 3,094 | 0 | D |
| Employee Stock Option (Right to Buy)F2 | $32.54 | May 18, 2015 | M | 6,387 | D | — | Jul 31, 2023 | Common Stock | 6,387 | 14,370 | D |
| Employee Stock Option (Right to Buy)F3 | $23.38 | May 18, 2015 | M | 6,851 | D | — | Jul 31, 2022 | Common Stock | 6,851 | 8,563 | D |
| Employee Stock Option (Right to Buy)F4 | $15.50 | May 18, 2015 | M | 9,375 | D | — | Jul 31, 2021 | Common Stock | 9,375 | 2,344 | D |
Explanation of responses
- F1The option granted at the exercise price of $10.93, representing a right to purchase 49,500 shares, became exercisable in 16 equal consecutive quarterly installments on the last business day of each quarter beginning on September 30, 2010.
- F2The option, granted at an exercise price of $32.54, representing a right to purchase 25,546 shares, became exercisable in 16 equal consecutive quarterly installments on the last business day of the quarter beginning on September 30, 2013.
- F3The option granted at the exercise price of $23.38, representing a right to purchase 27,401 shares, became exercisable in 16 equal consecutive quarterly installments on the last business day of each quarter, beginning on September 28, 2012.
- F4The option granted at the exercise price of $15.50, representing a right to purchase 37,500 shares, became exercisable in 16 equal consecutive quarterly installments on the last business day of each quarter, beginning September 30, 2011.