4//SEC Filing
Hensman Kevan Byron 4
Accession 0001050502-10-000040
CIK 0000319458other
Filed
Feb 18, 7:00 PM ET
Accepted
Feb 19, 2:02 PM ET
Size
9.0 KB
Accession
0001050502-10-000040
Insider Transaction Report
Form 4
Hensman Kevan Byron
DirectorChief Financial Officer and VP
Transactions
- Award
Options
2010-02-17+75,000→ 28,120 totalExercise: $0.41Exp: 2015-02-15→ Common Stock (75,000 underlying)
Holdings
- 10,000
Option
Exercise: $3.70From: 2006-09-11Exp: 2011-09-11→ Common Stock (10,000 underlying) - 28,120
Option
Exercise: $2.14From: 2008-09-30Exp: 2013-02-27→ Common Stock (33,333 underlying)
Footnotes (3)
- [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 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, 18,210 of the options were deemed earned, and 15,213 were deemed unearned; on September 30, 2009 33,333 of the options were deemed unearned; and 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.
- [F3]Options granted pursuant to the 2008 Equity Plan. This transaction is exempt from Section 16(b) pursuant to Rule 16b-3(d) and is not yet subject to mandatory reporting because these options do not vest unless and until there is a "change of control" event with respect to Aspen.
Documents
Issuer
ASPEN EXPLORATION CORP
CIK 0000319458
Entity typeother
Related Parties
1- filerCIK 0001374840
Filing Metadata
- Form type
- 4
- Filed
- Feb 18, 7:00 PM ET
- Accepted
- Feb 19, 2:02 PM ET
- Size
- 9.0 KB