GANN SIMON OREBI 4
4 · ASPEN TECHNOLOGY INC /DE/ · Filed May 19, 2020
Insider Transaction Report
Form 4
GANN SIMON OREBI
Director
Transactions
- Exercise/Conversion
Common Stock
2020-05-15$15.37/sh+14,500$222,865→ 34,377 total - Sale
Common Stock
2020-05-15$93.07/sh−20,548$1,912,402→ 19,877 total - Exercise/Conversion
Common Stock
2020-05-15$15.50/sh+6,048$93,744→ 40,425 total - Exercise/Conversion
Director Stock Option (Right to Buy)
2020-05-15−6,048→ 0 totalExercise: $15.50Exp: 2021-07-31→ Common Stock (6,048 underlying) - Exercise/Conversion
Director Stock Option (Right to Buy)
2020-05-15−14,500→ 0 totalExercise: $15.37From: 2011-06-30Exp: 2021-02-14→ Common Stock (14,500 underlying)
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in several transactions at prices ranging from $93.00 to $93.63, 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.
- [F2]The option granted at the exercise price of $15.50 vests in 12 equal consecutive quarterly installments on the last business day of each quarter, beginning June 30, 2011.
- [F3]The option granted at $15.50 was fully vested on the date of grant.