Dicks Norman D 4
4 · ASPEN GROUP, INC. · Filed Oct 4, 2019
Insider Transaction Report
Form 4
Dicks Norman D
Director
Transactions
- Exercise/Conversion
Common Stock
2019-10-02$3.24/sh+27,778$90,001→ 29,778 total - Tax Payment
Common Stock
2019-10-02$5.10/sh−17,647$90,000→ 12,131 total - Exercise/Conversion
Stock Options (right to buy)
2019-10-02−27,778→ 0 totalExercise: $3.24From: 2016-11-18Exp: 2021-11-18→ Common Stock (27,778 underlying)
Footnotes (1)
- [F1]The Reporting Person cashlessly exercised the stock options. The exercise of the stock options was exempt under Rule 16b-6 under the Securities Exchange Act of 1934 ("the "Exchange Act") and the right of the Reporting Person to direct that the shares be withheld in payment of the exercise price was approved in advance by a committee of the Issuer's Board of Directors in accordance with Rule 16b-3(d) under the Exchange Act.