SEC Form 4 · accession 0001127602-18-025479
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
Aug 13, 2018
Accepted (ET)
Aug 15, 2018 · 4:33 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 | Aug 13, 2018 | M | 450 | $43.44 | A | 21,029 | D | |
| Common Stock | Aug 13, 2018 | M | 596 | $44.38 | A | 21,625 | D | |
| Common Stock | Aug 13, 2018 | M | 687 | $45.46 | A | 22,312 | D | |
| Common StockF1 | Aug 13, 2018 | S | 3,311 | $107.51 | D | 19,001 | 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 | $43.44 | Aug 13, 2018 | M | 450 | D | — | Jul 31, 2024 | Common Stock | 450 | 0 | D |
| Employee Stock Option (Right to Buy)F3 | $44.38 | Aug 13, 2018 | M | 596 | D | — | Aug 2, 2025 | Common Stock | 596 | 2,388 | D |
| Employee Stock Option (Right to Buy)F4 | $45.46 | Aug 13, 2018 | M | 687 | D | — | Aug 31, 2026 | Common Stock | 687 | 5,503 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.50 to $107.61, 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 $43.44, vests in 16 equal consecutive quarterly installments on the last business day of each quarter, beginning on September 30, 2014.
- F3The option granted at the exercise price of $44.38, vests in 16 equal consecutive quarterly installments on the last business day of each quarter, beginning on September 30, 2015.
- F4The option granted at the exercise price of $45.46, vests in 16 equal consecutive quarterly installments on the last business day of each quarter, beginning on September 30, 2016.