Scheibelhoffer John J 4
4 · ASPEN GROUP, INC. · Filed Oct 18, 2018
Insider Transaction Report
Form 4
Scheibelhoffer John J
Director
Transactions
- Exercise/Conversion
Stock Options (Right to Buy)
2018-10-16−8,334→ 0 totalExercise: $2.04From: 2013-12-20Exp: 2018-12-20→ Common Stock (8,334 underlying) - Tax Payment
Common Stock
2018-10-16$6.60/sh−2,575$16,995→ 5,759 total - Exercise/Conversion
Common Stock
2018-10-16$2.04/sh+8,334$17,001→ 8,334 total
Holdings
- 200,681(indirect: See footnote)
Common Stock
Footnotes (2)
- [F1]Shares of common stock held as custodian for the benefit of the Reporting Person's children.
- [F2]The Reporting Person cashlessly exercised the stock options which were expiring in 2018. The exercise of the stock options was exempt under Rule 16b-6 and the disposition of shares to the issuer was pre-approved in advance by the issuer's Board of Directors as required by Rule 16b-3.