Manish Chawla - Apr 18, 2022 Form 4 Insider Report for ASPEN TECHNOLOGY INC /DE/ (AZPN)

Role: Chief Revenue Officer
Signature: /s/F.G. Hammond, attorney-in-fact for Mr. Chawla
Stock symbol: AZPN
Transactions as of: Apr 18, 2022
Transactions value $: $1,724,282
Form type: 4
Date filed: 4/20/2022, 04:31 PM
Next filing: May 18, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AZPN	Common Stock	Award	$0	+9.26K		$0.00	9.26K	Apr 18, 2022	Direct	F1, F2

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	Common Stock Option (Right to Buy)	Award	$1.72M	+10.6K		$161.95^*	10.6K	Apr 18, 2022	Common Stock	10.6K	$161.95	Direct	F3

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

Explanation of Responses:

Id	Content
F1	Each Restricted Stock Unit represents a contingent right to receive one share of Aspen Technology, Inc. common stock. The Restricted Stock Units vest in 16 equal consecutive installments on the last business of the quarter beginning with the quarter ending September 30, 2022.
F2	The Restricted Stock Units were received as a grant for no consideration.
F3	The option granted at the exercise price of $161.95 vests in 16 equal consecutive quarterly installments on the last business day of the quarter beginning with the quarter ending September 30, 2022.