4//SEC Filing
Mathews Michael 4
Accession 0001553350-21-000003
CIK 0001487198other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 4:27 PM ET
Size
15.4 KB
Accession
0001553350-21-000003
Insider Transaction Report
Form 4
Mathews Michael
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
2020-12-31$2.28/sh+80,556$183,668→ 1,115,644 total - Tax Payment
Common Stock
2020-12-31$11.13/sh−44,942$500,204→ 932,946 total - Exercise/Conversion
Common Stock
2020-12-31$4.90/sh+200,000$980,000→ 1,035,088 total - Exercise/Conversion
Stock Options (Right to Buy)
2020-12-31−200,000→ 0 totalExercise: $4.90From: 2017-05-13Exp: 2022-05-13→ Common Stock (200,000 underlying) - Exercise/Conversion
Stock Options (Right to Buy)
2020-12-31−80,556→ 0 totalExercise: $2.28From: 2012-12-31Exp: 2021-01-31→ Common Stock (80,556 underlying) - Tax Payment
Common Stock
2020-12-31$11.13/sh−137,756$1,533,224→ 977,888 total
Holdings
- 8,334(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]During an open window period under the Issuer's Insider Trading Plan, the Reporting Person submitted a cashless exercise notice which would become effective on the date that certain stock options vested. Following such vesting, the stock options were cashlessly exercised. 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 Compensation Committee, which is comprised of two non-employee directors in accordance with Rule 16b-3(d).
- [F2]Represents shares surrendered in payment of the applicable taxes and exercise price arising from the exercise of 200,000 stock options.
- [F3]Represents shares surrendered in payment of the applicable taxes and exercise price arising from the exercise of 80,556 stock options.
Documents
Issuer
ASPEN GROUP, INC.
CIK 0001487198
Entity typeother
Related Parties
1- filerCIK 0001469394
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 4:27 PM ET
- Size
- 15.4 KB