4//SEC Filing
Hensman Kevan Byron 4
Accession 0001140361-10-031274
CIK 0000319458other
Filed
Aug 2, 8:00 PM ET
Accepted
Aug 3, 4:12 PM ET
Size
10.3 KB
Accession
0001140361-10-031274
Insider Transaction Report
Form 4
Hensman Kevan Byron
DirectorChief Financial Officer and VP
Transactions
- Award
Option
2010-07-30+25,000→ 25,000 totalExercise: $0.49From: 2010-07-30Exp: 2015-07-30→ Common Stock (25,000 underlying)
Holdings
- 75,000
Option
Exercise: $0.41From: 2010-07-27Exp: 2015-02-15→ Common Stock (75,000 underlying) - 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 (28,120 underlying)
Footnotes (3)
- [F1]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 were met during the 2010 fiscal year.
- [F2]Options granted on February 15, 2010 pursuant to the 2008 Equity Plan. These options vested in full on July 27, 2010 when the Board of Directors determined that the vesting criteria were met.
- [F3]Options granted on July 27, 2010 pursuant to the 2010 Stock Incentive Plan although the option exercise price was not established until July 30, 2010. This option vested in full on July 30, 2010. This transaction is except from Section 16(b) of the 1934 Act pursuant to Rule 16-b(3)(d).
Documents
Issuer
ASPEN EXPLORATION CORP
CIK 0000319458
Entity typeother
Related Parties
1- filerCIK 0001374840
Filing Metadata
- Form type
- 4
- Filed
- Aug 2, 8:00 PM ET
- Accepted
- Aug 3, 4:12 PM ET
- Size
- 10.3 KB