SEC Form 4 · accession 0001127602-16-061943
ASPEN TECHNOLOGY INC /DE/ · AZPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald P Casey
Director
Period of report
Sep 1, 2016
Accepted (ET)
Sep 6, 2016 · 4:44 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 | Sep 1, 2016 | A | 2,145 | — | A | 10,223 | D | |
| Common StockF3 | Sep 1, 2016 | S | 4,041 | $45.3517 | D | 6,182 | 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)F4 | $45.46 | Sep 1, 2016 | A | 3,666 | A | Sep 1, 2016 | Aug 30, 2026 | Common Stock | 3,666 | 3,666 | D |
Explanation of responses
- F1Each Restricted Stock Unit represents a right to receive one share of Aspen Technology, Inc. common stock.
- F2Restricted Stock Units do not have an exercise price.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.35 to $45.357, 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.
- F4The option granted at the exercise price of $45.46 was fully vested on the date of grant.