4//SEC Filing
Chawla Manish 4
Accession 0001127602-22-015692
CIK 0001897982other
Filed
May 24, 8:00 PM ET
Accepted
May 25, 7:05 PM ET
Size
8.0 KB
Accession
0001127602-22-015692
Insider Transaction Report
Form 4
Chawla Manish
Chief Revenue Officer
Transactions
- Award
Common Stock Option (Right to Buy)
2022-05-23+9,485→ 9,485 totalExercise: $181.77Exp: 2032-04-17→ Common Stock (9,485 underlying) - Award
Common Stock
2022-05-23+8,253→ 8,253 total
Footnotes (3)
- [F1]Represents equity awards granted by Aspen Technology, Inc. (which subsequently changed its name to "AspenTech Corporation", "Former AspenTech") that have been converted into equity awards of Emersub CX, Inc. (which subsequently changed its name to "Aspen Technology Inc.", the "Issuer") pursuant to the terms of the Transaction Agreement and Plan of Merger, dated as of October 10, 2021, as amended, among Former AspenTech, the Issuer and certain other parties thereto (the "Transaction Agreement"), pursuant to which Former AspenTech merged with a wholly owned subsidiary of the Issuer and became a wholly owned subsidiary of the Issuer (the "Transaction"). The Transaction closed on May 16, 2022. Pursuant to the terms of the Transaction Agreement, the number of equity awards reported herein were determined on May 23, 2022, based on the five-day volume weighted average price of the Issuer's common stock following the closing of the Transaction.
- [F2]Each Restricted Stock Unit represents a contingent right to receive one share of Issuer common stock.
- [F3]The option granted at the exercise price of $181.77 vests in 16 equal consecutive quarterly installments on the last business day of the quarter beginning with the quarter ending September 30, 2022.
Documents
Issuer
Aspen Technology, Inc.
CIK 0001897982
Entity typeother
Related Parties
1- filerCIK 0001923499
Filing Metadata
- Form type
- 4
- Filed
- May 24, 8:00 PM ET
- Accepted
- May 25, 7:05 PM ET
- Size
- 8.0 KB