SEC Form 4 · accession 0001127602-16-058535
ASPEN TECHNOLOGY INC /DE/ · AZPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
R Halsey Wise
Director
Period of report
Jul 21, 2016
Accepted (ET)
Jul 25, 2016 · 5:15 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 StockF1,F2 | Jul 21, 2016 | A | 2,303 | — | A | 2,303 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock Option (Right to Buy)F3 | $42.34 | Jul 21, 2016 | A | 3,936 | A | — | Jul 20, 2026 | Common Stock | 3,936 | 3,936 | D |
Explanation of responses
- F1Each Restricted Stock Unit represents a contingent right to receive one share of Aspen Technology, Inc. common stock. One-third of the Restricted Stock Units will vest on the first anniversary of the grant date, and the remainder will vest in eight equal consecutive quarterly installments on the last business day of the quarter until fully vested.
- F2Restricted Stock Units do not have an exercise price.
- F3One-third of the option granted at the exercise price of $42.34 will vest on the first anniversary of the grant date and the remainder will vest in eight equal consecutive quarterly installments on the last business day of the quarter until fully vested.