4/A//SEC Filing
Hensman Kevan Byron 4/A
Accession 0001140361-10-041127
CIK 0000319458other
Filed
Oct 12, 8:00 PM ET
Accepted
Oct 13, 8:24 PM ET
Size
10.7 KB
Accession
0001140361-10-041127
Insider Transaction Report
Form 4/AAmended
Hensman Kevan Byron
DirectorChief Financial Officer and VP
Transactions
- Other
Option
2010-09-30−33,334→ 28,120 totalExercise: $2.14From: 2008-09-30Exp: 2013-02-27→ Common Stock (18,120 underlying)
Holdings
- 128,120
Option
Exercise: $0.49From: 2010-07-30Exp: 2015-07-30→ Common Stock (25,000 underlying) - 103,120
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)
Footnotes (4)
- [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, 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 on September 30, 2010 33,334 of the options were deemed unearned. This option grant and the vesting as well and its vesting terms have been previously reported.
- [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.
- [F4]The totals in column 9 reflect the cumulative number of derivative securities owned by Mr. Hensman based on each option grant. In total, as of October 8, 2010 Mr. Hensman beneficially owns derivative securities to acquire 128,120 shares of Aspen common stock.
Documents
Issuer
ASPEN EXPLORATION CORP
CIK 0000319458
Entity typeother
Related Parties
1- filerCIK 0001374840
Filing Metadata
- Form type
- 4/A
- Filed
- Oct 12, 8:00 PM ET
- Accepted
- Oct 13, 8:24 PM ET
- Size
- 10.7 KB