Gervis Robert M. 4
4 · ASPEN AEROGELS INC · Filed Jun 22, 2020
Insider Transaction Report
Form 4
Gervis Robert M.
Director
Transactions
- Award
Common Stock
2020-06-18+7,511→ 136,794 total - Award
Stock Option (right to buy)
2020-06-18+9,817→ 9,817 totalExercise: $6.79Exp: 2030-06-18→ Common Stock (9,817 underlying)
Holdings
- 72,491(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]The reporting person was granted restricted shares of common stock representing a portion of the annual grant of equity for service as a non-employee director pursuant to the Issuer's Non-Employee Director Compensation Policy. These restricted shares will vest on the earlier of (a) June 18, 2021 or (b) the day prior to the Issuer's annual meeting of stockholders to be held in 2021.
- [F2]Represents shares held by Robert Gervis 2014 Grantor Retained Annuity Trust, of which the reporting person is a beneficiary and his spouse is trustee.
- [F3]The reporting person was granted options representing the remaining portion of the annual grant of equity for service as a non-employee director pursuant to the Issuer's Non-Employee Director Compensation Policy. The options will vest on the earlier of (a) June 18, 2021 or (b) the day prior to the Issuer's annual meeting of stockholders to be held in 2021.