F. G. Hammond - 30 Nov 2022 Form 4 Insider Report for Aspen Technology, Inc. (AZPN)

Role: Senior VP & General Counsel
Signature: /s/ F. G. Hammond
Issuer symbol: AZPN
Transactions as of: 30 Nov 2022
Net transactions value: -$195,608
Form type: 4
Filing time: 01 Dec 2022, 16:00:23 UTC
Previous filing: 25 Nov 2022
Next filing: 04 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AZPN	Common Stock	Options Exercise	$362,648	+2,495	+12%	$145.35	22,647	30 Nov 2022	Direct
transaction	AZPN	Common Stock	Sale	$558,256	-2,495	-11%	$223.75	20,152	30 Nov 2022	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	AZPN	Employee Stock Option (Right to Buy)	Options Exercise	$0	-2,495	-31%	$0.000000	5,511	30 Nov 2022	Common Stock	2,495	$145.35	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Subject to rounding, the option granted at the exercise price of $145.35 vests in 16 equal consecutive quarterly installments on the last business day of the quarter beginning with the quarter ending September 30, 2021.