SEC Form 4 · accession 0001127602-16-070833
ASPEN TECHNOLOGY INC /DE/ · AZPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Griffin
Officer — EVP, Field Operations
Period of report
Dec 20, 2016
Accepted (ET)
Dec 22, 2016 · 4:58 pm EST
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 | Dec 20, 2016 | M | 6,772 | $31.26 | A | 59,083 | D | |
| Common Stock | Dec 20, 2016 | S | 6,772 | $55.00 | D | 52,311 | 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 | $31.26 | Dec 20, 2016 | M | 6,772 | D | — | Feb 7, 2026 | Common Stock | 6,772 | 29,346 | D |
Explanation of responses
- F1This sale was effected pursuant to a Rule 10b5-1 trading plan completed and executed by the reporting person on September 1, 2016.
- F2The option granted at an exercise price of $31.26 vests in 16 equal consecutive quarterly installments on the last business day of the quarter, beginning on March 31, 2016.