SEC Form 4 · accession 0001127602-16-061954
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
Sep 1, 2016
Accepted (ET)
Sep 6, 2016 · 5:01 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 | 9,899 | — | A | 47,908 | 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)F3 | $45.46 | Sep 1, 2016 | A | 10,999 | A | — | Aug 31, 2026 | Common Stock | 10,999 | 10,999 | D |
Explanation of responses
- F1Each Restricted Stock Unit represents a contingent right to receive one share of Aspen Technology, Inc. common stock. The Restricted Stock Units vest in 16 equal consecutive quarterly installments on the last business day of each quarter, beginning on September 30, 2016.
- F2Restricted Stock Units do not have an exercise price.
- F3The option granted at the exercise price of $45.46 vests in 16 equal consecutive quarterly installments on the last business day of the quarter, beginning on September 30, 2016.