MacLean Malcolm F IV 4
4 · ASPEN GROUP, INC. · Filed Dec 19, 2019
Insider Transaction Report
Form 4
MacLean Malcolm F IV
Director
Transactions
- Sale
Common Stock
2019-12-17$7.17/sh−9,291$66,644→ 665,058 total(indirect: See footnote) - Sale
Common Stock
2019-12-19$7.29/sh−21,281$155,245→ 620,777 total(indirect: See footnote) - Sale
Common Stock
2019-12-18$7.18/sh−23,000$165,232→ 642,058 total(indirect: See footnote)
Holdings
- 2,302
Common Stock
Footnotes (7)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $7.15 to $7.201, inclusive. The reporting person undertakes to provide to Aspen Group, Inc., any security holder of Aspen Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the ranges set forth in footnote (1) to this Form 4.
- [F2]Includes (i) 123,779 shares held jointly with spouse, (ii) 98,000 shares held by Starfish Partners LLC which Mr. MacLean indirectly controls, (iii) 152,000 shares held by Taurus Capital Partners LLC of which Mr. MacLean is the Managing Member, (iv) 18,938 shares held as custodian for the benefit of Mr. MacLean's children, (v) 173,996 shares held in the name of his multiple IRAs, (vi) 4,500 shares held in trust, (vii) 7,333 shares held in his spouse's IRA, and (viii) 86,512 shares held in Mr. MacLean's company defined benefit plan.
- [F3]Sold by Taurus Capital Partners LLC of which Mr. MacLean is the Managing Member.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $7.13 to $7.24, inclusive. The reporting person undertakes to provide to Aspen Group, Inc., any security holder of Aspen Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the ranges set forth in footnote (4) to this Form 4.
- [F5]Includes (i) 123,779 shares held jointly with spouse, (ii) 98,000 shares held by Starfish Partners LLC which Mr. MacLean indirectly controls, (iii) 129,000 shares held by Taurus Capital Partners LLC of which Mr. MacLean is the Managing Member, (iv) 18,938 shares held as custodian for the benefit of Mr. MacLean's children, (v) 173,996 shares held in the name of his multiple IRAs, (vi) 4,500 shares held in trust, (vii) 7,333 shares held in his spouse's IRA, and (viii) 86,512 shares held in Mr. MacLean's company defined benefit plan.
- [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $7.20 to $7.4369, inclusive. The reporting person undertakes to provide to Aspen Group, Inc., any security holder of Aspen Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the ranges set forth in footnote (6) to this Form 4.
- [F7]Includes (i) 123,779 shares held jointly with spouse, (ii) 98,000 shares held by Starfish Partners LLC which Mr. MacLean indirectly controls, (iii) 107,719 shares held by Taurus Capital Partners LLC of which Mr. MacLean is the Managing Member, (iv) 18,938 shares held as custodian for the benefit of Mr. MacLean's children, (v) 173,996 shares held in the name of his multiple IRAs, (vi) 4,500 shares held in trust, (vii) 7,333 shares held in his spouse's IRA, and (viii) 86,512 shares held in Mr. MacLean's company defined benefit plan.