4//SEC Filing
Mathews Michael 4
Accession 0001553350-21-000606
CIK 0001487198other
Filed
Jul 22, 8:00 PM ET
Accepted
Jul 23, 4:10 PM ET
Size
6.2 KB
Accession
0001553350-21-000606
Insider Transaction Report
Form 4
Mathews Michael
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2021-07-21+125,000→ 1,017,947 total
Holdings
- 8,334(indirect: By Trust)
Common Stock
Footnotes (1)
- [F1]Represents restricted stock units granted pursuant to the Employment Agreement, dated July 21, 2021, between the Issuer and the Reporting Person, which replaced the Reporting Person's expired Employment Agreement. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The grant was exempt from Section 16(b) under the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder. The restricted stock units will vest following the Issuer's filing of a quarterly or annual report on Form 10-Q or 10-K as applicable, which report directly or indirectly reflects that the Company delivered net income on a GAAP basis for the fiscal quarter covered by such report, subject to continued employment with the Issuer on the vesting date.
Documents
Issuer
ASPEN GROUP, INC.
CIK 0001487198
Entity typeother
Related Parties
1- filerCIK 0001469394
Filing Metadata
- Form type
- 4
- Filed
- Jul 22, 8:00 PM ET
- Accepted
- Jul 23, 4:10 PM ET
- Size
- 6.2 KB