SEC Form 4 · accession 0001127602-15-018158
ASPEN TECHNOLOGY INC /DE/ · AZPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
F G Hammond
Officer — Senior VP & General Counsel
Period of report
May 19, 2015
Accepted (ET)
May 21, 2015 · 5:10 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 19, 2015 | M | 3,906 | $15.50 | A | 42,644 | D | |
| Common Stock | May 19, 2015 | M | 1,290 | $10.93 | A | 43,934 | D | |
| Common StockF1 | May 19, 2015 | S | 5,196 | $43.864 | D | 38,738 | 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)F2 | $15.50 | May 19, 2015 | M | 3,906 | D | — | Jul 31, 2021 | Common Stock | 3,906 | 977 | D |
| Employee Stock Option (Right to Buy)F3 | $10.93 | May 19, 2015 | M | 1,290 | D | — | Aug 1, 2017 | Common Stock | 1,290 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.82 to $43.93, inclusive. The reporting person undertakes to provide to Aspen Technology, Inc., any security holder of Aspen Technology, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2The option granted at the exercise price of $15.50, representing a right to purchase 15,625 shares, became exercisable in 16 equal consecutive quarterly installments on the last business day of each quarter, beginning on September 30, 2011.
- F3The option granted at the exercise price of $10.93, representing a right to purchase 20,625 shares, became exercisable in 16 equal consecutive quarterly installments on the last business day of each quarter, beginning on September 30, 2010.