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4//SEC Filing

Wendolowski Gerard 4

Accession 0001553350-20-000505

CIK 0001487198other

Filed

Jun 1, 8:00 PM ET

Accepted

Jun 2, 4:17 PM ET

Size

15.2 KB

Accession

0001553350-20-000505

Insider Transaction Report

Form 4
Period: 2020-05-29
Wendolowski Gerard
Chief Operating Officer
Transactions
  • Sale

    Common Stock

    2020-05-29$8.51/sh317$2,69617,871 total
  • Sale

    Common Stock

    2020-06-01$8.53/sh11,151$95,08717,871 total
  • Exercise/Conversion

    Stock Options (Right to Buy)

    2020-05-293170 total
    Exercise: $1.99From: 2016-06-23Exp: 2021-06-23Common Stock (317 underlying)
  • Exercise/Conversion

    Stock Options (Right to Buy)

    2020-06-0111,1510 total
    Exercise: $1.99From: 2016-06-23Exp: 2021-06-23Common Stock (11,151 underlying)
  • Exercise/Conversion

    Common Stock

    2020-05-29$1.99/sh+317$63118,188 total
  • Exercise/Conversion

    Common Stock

    2020-06-01$1.99/sh+11,151$22,21329,022 total
Footnotes (4)
  • [F1]The stock option exercise and the sales reported on this Form 4 were affected by a broker-dealer pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person during an open window period. The exercise exempt from Section 16(b) under the Securities Exchange Act of 1934 by virtue of Rule 16b-6.
  • [F2]The shares were sold in part to pay the exercise price and federal, state and local income taxes incurred from the exercise of stock options.
  • [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $8.50 to $8.51, 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 sold at each separate price within the ranges set forth in footnote (3) to this Form 4.
  • [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $8.50 to $8.59, 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 sold at each separate price within the ranges set forth in footnote (4) to this Form 4.

Issuer

ASPEN GROUP, INC.

CIK 0001487198

Entity typeother

Related Parties

1
  • filerCIK 0001601803

Filing Metadata

Form type
4
Filed
Jun 1, 8:00 PM ET
Accepted
Jun 2, 4:17 PM ET
Size
15.2 KB