4//SEC Filing
Daniel Santhosh P 4
Accession 0000950170-25-035612
CIK 0001145986other
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 4:50 PM ET
Size
11.5 KB
Accession
0000950170-25-035612
Insider Transaction Report
Form 4
Daniel Santhosh P
Chief Accounting Officer
Transactions
- Award
Performance Share Units
2025-03-05+9,566→ 9,566 totalFrom: 2028-03-05→ Common Stock (9,566 underlying) - Tax Payment
Common Stock
2025-03-05$7.84/sh−428$3,356→ 19,506 total - Award
Stock Options (Right to Buy)
2025-03-05+6,742→ 6,742 totalExercise: $7.84Exp: 2035-03-05→ Common Stock (6,742 underlying) - Award
Common Stock
2025-03-05+4,783→ 24,289 total
Footnotes (5)
- [F1]Shares withheld by Registrant to satisfy the minimum statutory tax withholding requirements on vesting of Restricted Stock Units ("RSUs").
- [F2]Each Restricted Stock Unit ("RSU") represents the right to receive one share of Common Stock upon vesting. The RSUs vest as to one-third of the shares on March 5, 2026, an additional one-third of the shares on March 5, 2027 and the remaining one-third of the shares on March 5, 2028.
- [F3]Represents 6,410 shares of Common Stock and 17,879 RSUs.
- [F4]The options vest as to one-third of the shares on March 5, 2026, an additional one-third of the shares on March 5, 2027 and the remaining one-third of the shares on March 5, 2028.
- [F5]Each performance share unit ("PSU") represents a contingent right to receive one share of Common Stock upon vesting. The PSUs vest on March 5, 2028, following the completion of the performance period, which begins on January 1, 2025 and ends on December 31, 2027. Ranging between 0-200% of the target number of PSUs (as reflected in Table II above), the PSUs vest based on the total shareholder return of Common Stock relative to the total stockholder return of the components of the Russell 2000 Index.
Documents
Issuer
ASPEN AEROGELS INC
CIK 0001145986
Entity typeother
Related Parties
1- filerCIK 0001935618
Filing Metadata
- Form type
- 4
- Filed
- Mar 6, 7:00 PM ET
- Accepted
- Mar 7, 4:50 PM ET
- Size
- 11.5 KB