MacLean Malcolm F IV 4
4 · ASPEN GROUP, INC. · Filed Mar 13, 2020
Insider Transaction Report
Form 4
MacLean Malcolm F IV
Director
Transactions
- Purchase
Common Stock
2020-03-11$6.25/sh+6,505$40,665→ 627,282 total(indirect: See footnote) - Purchase
Common Stock
2020-03-12$5.69/sh+5,500$31,290→ 632,782 total(indirect: See footnote)
Holdings
- 2,302
Common Stock
Footnotes (5)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $6.2028 to $6.27, 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) 180,501 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]Purchased by one of the reporting person's IRAs.
- [F4]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $5.64 to $5.70, 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) 186,001 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.