SEC Form 4 · accession 0001127602-16-062117
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 6, 2016
Accepted (ET)
Sep 7, 2016 · 5:00 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 | Sep 6, 2016 | M | 977 | $15.50 | A | 48,885 | D | |
| Common Stock | Sep 6, 2016 | M | 5,827 | $23.38 | A | 54,712 | D | |
| Common Stock | Sep 6, 2016 | M | 4,940 | $32.54 | A | 59,652 | D | |
| Common StockF1 | Sep 7, 2016 | S | 18,542 | $45.9074 | D | 41,110 | 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 | Sep 6, 2016 | M | 977 | D | — | Jul 31, 2021 | Common Stock | 977 | 4,883 | D |
| Employee Stock Option (Right to Buy)F3 | $23.38 | Sep 6, 2016 | M | 5,827 | D | — | Jul 31, 2022 | Common Stock | 5,827 | 648 | D |
| Employee Stock Option (Right to Buy)F4 | $32.54 | Sep 6, 2016 | M | 4,940 | D | — | Jul 31, 2023 | Common Stock | 4,940 | 3,415 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in several transactions at prices ranging from $45.90 to $45.97, 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, 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 an exercise price of $23.38, becomes 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 $32.54 becomes exercisable in 16 equal consecutive quarterly installments on the last business day of each quarter, beginning on September 30, 2013.