SEC Form 4 · accession 0001127602-18-015950
ASPEN TECHNOLOGY INC /DE/ · AZPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karl E Johnsen
Officer — Senior Vice President and CFO
Period of report
Apr 30, 2018
Accepted (ET)
May 2, 2018 · 4:11 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 | Apr 30, 2018 | M | 1,451 | $38.71 | A | 36,517 | D | |
| Common Stock | Apr 30, 2018 | M | 1,753 | $43.44 | A | 38,270 | D | |
| Common Stock | Apr 30, 2018 | M | 1,696 | $44.38 | A | 39,966 | D | |
| Common StockF1 | Apr 30, 2018 | S | 7,559 | $89.17 | D | 32,407 | 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 | $38.71 | Apr 30, 2018 | M | 1,451 | D | — | Nov 24, 2023 | Common Stock | 1,451 | 0 | D |
| Employee Stock Option (Right to Buy)F3 | $43.44 | Apr 30, 2018 | M | 1,753 | D | — | Jul 31, 2024 | Common Stock | 1,753 | 117 | D |
| Employee Stock Option (Right to Buy)F4 | $44.38 | Apr 30, 2018 | M | 1,696 | D | — | Aug 2, 2025 | Common Stock | 1,696 | 775 | 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 $88.83 to $89.73, 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 an exercise price of $38.71 vests in 16 consecutive equal quarterly installments on the last business day of the quarter, beginning on March 31, 2014.
- F3The option granted at the exercise price of $43.44 vests in 16 consecutive equal quarterly installments on the last business day of the quarter, beginning on September 30, 2014.
- F4The option granted at the exercise price of $44.38 vests in 16 equal consecutive quarterly installments on the last business day of the quarter, beginning on September 30, 2015.