ASPEN TECHNOLOGY INC /DE/ 4
4 · ASPEN TECHNOLOGY INC /DE/ · Filed Dec 22, 2006
Insider Transaction Report
Form 4
Transactions
- Conversion
Common Stock
2006-12-20$3.33/sh+378,400$1,260,072→ 440,969 total - Conversion
Series D-1 Convertible Preferred Stock
2006-12-20−3,784→ 0 totalExercise: $3.33→ common stock (378,400 underlying)
Footnotes (2)
- [F1]Each of the Series D-1 shares is convertible into a number of shares of common stock equal to its stated value of $333.00 per share (subject to adjustment) divided by the conversion price of $3.33 per share (subject to adjustment).
- [F2]Shares may be converted into common stock at any time and on a perpetual basis.