4//SEC Filing
COTRONEO FRANK J 4
Accession 0001553350-20-000870
CIK 0001487198other
Filed
Sep 17, 8:00 PM ET
Accepted
Sep 18, 4:05 PM ET
Size
10.6 KB
Accession
0001553350-20-000870
Insider Transaction Report
Form 4
COTRONEO FRANK J
Director
Transactions
- Exercise/Conversion
Common Stock
2020-09-16$5.12/sh+13,889$71,112→ 44,822 total - Tax Payment
Common Stock
2020-09-16$12.02/sh−3,133$37,660→ 35,773 total - Tax Payment
Common Stock
2020-09-16$12.02/sh−5,916$71,113→ 38,906 total - Exercise/Conversion
Stock Options (Right to Buy)
2020-09-16−13,889→ 27,778 totalExercise: $5.12From: 2018-12-24Exp: 2023-12-24→ Common Stock (13,889 underlying)
Footnotes (3)
- [F1]The Reporting Person cashlessly exercised the stock options. The exercise of the stock options was exempt under Rule 16b-6 and the right of the Reporting Person to direct that the shares be withheld in payment of the exercise price and applicable taxes was both approved in advance by the Executive Committee of the Issuer's Board of Directors, which is comprised of only non-employee directors, and by the full Board of Directors in accordance with Rule 16b-3(d).
- [F2]Represents shares surrendered in payment of the exercise price.
- [F3]Represents shares surrendered in payment of the applicable taxes.
Documents
Issuer
ASPEN GROUP, INC.
CIK 0001487198
Entity typeother
Related Parties
1- filerCIK 0001207351
Filing Metadata
- Form type
- 4
- Filed
- Sep 17, 8:00 PM ET
- Accepted
- Sep 18, 4:05 PM ET
- Size
- 10.6 KB