Manish Chawla - Sep 1, 2022 Form 4 Insider Report for Aspen Technology, Inc. (AZPN)

Role: Chief Revenue Officer
Signature: /s/F.G. Hammond, attorney-in-fact for Mr. Chawla
Stock symbol: AZPN
Transactions as of: Sep 1, 2022
Transactions value $: $2,651,454
Form type: 4
Date filed: 9/6/2022, 04:30 PM
Previous filing: May 25, 2022
Next filing: Oct 4, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AZPN	Common Stock	Award	$0	+7.58K	+91.89%	$0.00	15.8K	Sep 1, 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	Employee Stock Option (Right to Buy)	Award	$2.65M	+12.6K		$210.60	12.6K	Sep 1, 2022	Common Stock	12.6K	$210.60	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. Subject to rounding, the Restricted Stock Units vest in 16 equal consecutive quarterly installments on the last business day 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 $210.60 vests, subject to rounding, in 16 equal consecutive quarterly installments on the last business day of the quarter, beginning with the quarter ending September 30, 2022.