SEC Form 4 · accession 0001127602-17-000627
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 30, 2016
Accepted (ET)
Jan 4, 2017 · 4:20 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 30, 2016 | M | 2,258 | $31.26 | A | 54,569 | D | |
| Common Stock | Dec 30, 2016 | S | 2,258 | $55.00 | D | 52,311 | D | |
| Common StockF2 | Dec 30, 2016 | F | 1,693 | $54.75 | D | 50,618 | D | |
| Common Stock | Jan 3, 2017 | S | 1,111 | $54.68 | D | 49,507 | 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 | $31.26 | Dec 30, 2016 | M | 2,258 | D | — | Feb 7, 2026 | Common Stock | 2,258 | 27,088 | 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.
- F2Shares withheld by Registrant to satisfy statutory tax withholding requirements on vesting of restricted stock units and distribution of stock.
- F3The 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.