4//SEC Filing
Alessi Robert 4
Accession 0001553350-20-001068
CIK 0001487198other
Filed
Dec 2, 7:00 PM ET
Accepted
Dec 3, 4:02 PM ET
Size
9.3 KB
Accession
0001553350-20-001068
Insider Transaction Report
Form 4
Alessi Robert
Chief Accounting Officer
Transactions
- Tax Payment
Common Stock
2020-12-01−3,265→ 7,190 total - Exercise/Conversion
Restricted Stock Units
2020-12-01−6,667→ 13,333 total→ Common Stock (6,667 underlying) - Exercise/Conversion
Common Stock
2020-12-01+6,667→ 10,455 total
Footnotes (3)
- [F1]Represents shares of common stock to be issued upon the vesting of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- [F2]The shares were surrendered upon vesting to pay the Reporting Person's estimated applicable federal, state and local income taxes, social security taxes and the additional Medicare surtax. The transactions were exempt from Section 16(b) under the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder as they were pre-approved by the executive committee of the board of directors of the Issuer.
- [F3]The RSUs were granted on December 1, 2019 and vest in three equal annual increments, with the first vesting occurring one year from the grant date, subject to continued service with the Company on each applicable vesting date.
Documents
Issuer
ASPEN GROUP, INC.
CIK 0001487198
Entity typeother
Related Parties
1- filerCIK 0001795797
Filing Metadata
- Form type
- 4
- Filed
- Dec 2, 7:00 PM ET
- Accepted
- Dec 3, 4:02 PM ET
- Size
- 9.3 KB