ASPEN TECHNOLOGY, INC. (NASDAQ:AZPN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

ME Staff 8-k
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ASPEN TECHNOLOGY, INC. (NASDAQ:AZPN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item 5.02.

Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
At our Annual Meeting of Stockholders held on December 8, 2016,
our stockholders approved the Aspen Technology, Inc. 2016 Omnibus
Incentive Plan, which we refer to below as the Plan. A
description of the terms and conditions of the Plan is set forth
under “Proposal Two. Approval of 2016 Omnibus Incentive Plan” on
pages 6 -11 of our definitive proxy statement for the 2016 Annual
Meeting filed with the Securities and Exchange Commission on
October 26, 2016, which description is incorporated herein by
reference. This description is qualified in its entirety by the
text of the Plan, a copy of which is filed as Exhibit 10.1 to
this Current Report on Form 8-K and is incorporated by reference
into this Item 5.02.
Item 5.07. Submission of Matters to a Vote of Security Holders.
At our Annual Meeting of Stockholders on December 8, 2016, three
proposals were presented to stockholders:
1. Election of two Class II directors to serve until the 2019
Annual Meeting of Stockholders;
2. Approval of the Aspen Technology, Inc. 2016 Omnibus Incentive
Plan; and
3.
Approval, on an advisory basis, of the compensation of our
named executive officers as identified in the proxy
statement for the annual meeting.
Each proposal passed. The votes with respect to the proposals are
set forth below.
1) Election of Two Class II Directors to Serve Until the 2019
Annual Meeting of Stockholders

Nominee
For
Withheld
Broker Non-Votes
Robert M. Whelan
63,495,935
8,725,668
Donald P. Casey
70,548,515
1,673,088
2) Approval of the Aspen Technology, Inc. 2016 Omnibus Incentive
Plan
For
Against
Abstain
Broker Non-Votes
55,413,878
16,782,764
24,961
3) Advisory Vote on Executive Compensation
For
Against
Abstain
Broker Non-Votes
71,401,355
790,750
29,498
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No.
Description
10.1
Aspen Technology, Inc. 2016 Omnibus Incentive Plan


About ASPEN TECHNOLOGY, INC. (NASDAQ:AZPN)

Aspen Technology, Inc. is a global provider of process optimization software solutions designed to manage and optimize plant and process design, operational performance, and supply chain planning. The Company’s aspenONE software and related services have been developed specifically for companies in the process industries, including the energy, chemicals, and engineering and construction industries. It operates through two segments, including subscription and software, which provides licensing of process optimization software solutions and associated support services, and services, which includes professional services and training. It has developed applications to design and optimize processes across the business areas, including engineering, manufacturing and supply chain. Its products include Aspen HYSYS, Aspen Economic Evaluation, Aspen Info Plus.21, Aspen PIMS Advanced Optimization, Aspen Collaborative Demand Manager and Aspen Supply Planner.

ASPEN TECHNOLOGY, INC. (NASDAQ:AZPN) Recent Trading Information

ASPEN TECHNOLOGY, INC. (NASDAQ:AZPN) closed its last trading session down -0.14 at 54.30 with 770,694 shares trading hands.