Filing Details

Accession Number:
0001246360-11-003974
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-11-08 17:10:09
Reporting Period:
2011-11-04
Filing Date:
2011-11-08
Accepted Time:
2011-11-08 17:10:09
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
929940 Aspen Technology Inc AZPN Services-Computer Programming Services (7371) 042739697
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1197694 M Stephen Jennings Aspen Technology, Inc.
200 Wheeler Road
Burlington MA 01803
No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2011-11-04 10,775 $2.32 26,984 No 4 M Direct
Common Stock Acquisiton 2011-11-04 8,000 $2.32 34,984 No 4 M Direct
Common Stock Acquisiton 2011-11-04 6,000 $7.40 40,984 No 4 M Direct
Common Stock Disposition 2011-11-04 24,775 $17.74 16,209 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Director Stock Option (Right to Buy) Disposition 2011-11-04 10,775 $0.00 10,775 $2.32
Common Stock Director Stock Option (Right to Buy) Disposition 2011-11-04 8,000 $0.00 8,000 $2.32
Common Stock Director Stock Option (Right to Buy) Disposition 2011-11-04 6,000 $0.00 6,000 $7.40
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2012-12-09 No 4 M Direct
0 2012-12-09 No 4 M Direct
0 2012-11-30 No 4 M Direct
Footnotes
  1. On the grant date, the option granted at the exercise price of $2.32 was scheduled to vest and become exercisable in sixteen equal quarterly installments commencing at the end of the first full quarter following the grant date. The option became fully exercisable on August 14, 2003 upon the occurrence of a change in control as defined under the terms of the option plan, as amended.
  2. On the grant date, the option granted at the exercise price of $2.32 was scheduled to vest and become exercisable in four equal installments provided the optionee remained a director. The first installment vested and became exercisable on the third anniversary of the grant date and the three subsequent installments vested on the last day of the next three subsequent quarters. The option became fully exercisable on August 14, 2003 upon the occurrence of a change in control as defined under the terms of the option plan, as amended.
  3. The option granted at the exercise price of $7.40 was fully vested on the date of grant.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.51 to $17.80, 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.