Home/Filings/4/A/0001050502-09-000247
4/A//SEC Filing

Hensman Kevan Byron 4/A

Accession 0001050502-09-000247

CIK 0000319458other

Filed

Oct 1, 8:00 PM ET

Accepted

Oct 2, 1:16 PM ET

Size

7.7 KB

Accession

0001050502-09-000247

Insider Transaction Report

Form 4/AAmended
Period: 2009-09-30
Hensman Kevan Byron
DirectorChief Financial Officer and VP
Transactions
  • Other

    Option

    2009-09-3033,33328,120 total
    Exercise: $2.14From: 2008-09-30Exp: 2013-02-27Common Stock (33,333 underlying)
Holdings
  • Option

    Exercise: $3.70From: 2006-09-11Exp: 2011-09-11Common Stock (10,000 underlying)
    10,000
Footnotes (2)
  • [F1]This transaction is exempt from Section 16(b) pursuant to Rule 16b-3(d).
  • [F2]On February 27, 2008 Mr. Hensman was granted an option to purchase 100,000 of common stock pursuant to the Aspen Exploration Corporation 2008 Equity Plan. 1/3 of the shares were to vest on each September 30, of 2008, 2009, and 2010 if certain performance criteria are met. On September 30, 2008, 18,120 of the options were deemed earned (based on the 2008 fiscal year performance criteria), and 15,213 were deemed unearned; on September 30, 2009 33,333 of the options were deemed unearned (and thus did not vest); and as of the date of this filing 33,333 remain unvested and will only vest if certain company performance objectives are met during the 2010 fiscal year. The unvested options are not yet subject to the reporting requirements.

Documents

1 file

Issuer

ASPEN EXPLORATION CORP

CIK 0000319458

Entity typeother

Related Parties

1
  • filerCIK 0001374840

Filing Metadata

Form type
4/A
Filed
Oct 1, 8:00 PM ET
Accepted
Oct 2, 1:16 PM ET
Size
7.7 KB