Home/Filings/4/0001050502-09-000250
4//SEC Filing

Imperato Douglas P 4

Accession 0001050502-09-000250

CIK 0000319458other

Filed

Oct 1, 8:00 PM ET

Accepted

Oct 2, 1:19 PM ET

Size

6.8 KB

Accession

0001050502-09-000250

Insider Transaction Report

Form 4
Period: 2009-09-30
Transactions
  • Other

    Option

    2009-09-308,3334,530 total
    Exercise: $2.14From: 2008-09-30Exp: 2013-02-27Common Stock (8,333 underlying)
Holdings
  • Common Stock - $.005 Par Value

    3,000
Footnotes (1)
  • [F1]On February 27, 2008 Mr. Imperato was granted an option to purchase 25,000 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, 4,530 of the options were deemed earned (based on the 2008 fiscal year performance criteria), and 3,803 were deemed unearned; on September 30, 2009 8,333 of the options were deemed unearned (and thus did not vest); and as of the date of this filing 8,333 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.

Issuer

ASPEN EXPLORATION CORP

CIK 0000319458

Entity typeother

Related Parties

1
  • filerCIK 0001452200

Filing Metadata

Form type
4
Filed
Oct 1, 8:00 PM ET
Accepted
Oct 2, 1:19 PM ET
Size
6.8 KB