Home/Filings/4/0000950142-16-004697
4//SEC Filing

ASPEN AEROGELS INC 4

Accession 0000950142-16-004697

$ASPNCIK 0001145986operating

Filed

Nov 9, 7:00 PM ET

Accepted

Nov 10, 5:01 PM ET

Size

21.2 KB

Accession

0000950142-16-004697

Insider Transaction Report

Form 4
Period: 2016-11-08
HUFF CRAIG A
Director10% Owner
Transactions
  • Sale

    Common Stock

    2016-11-08$3.95/sh816$3,222250,987 total(indirect: Held by Reservoir Capital Master Fund, L.P.)
  • Sale

    Common Stock

    2016-11-08$3.95/sh19,306$76,2282,634,258 total(indirect: Held by Reservoir Capital Partners, L.P.)
Holdings
  • Common Stock

    10,736
Transactions
  • Sale

    Common Stock

    2016-11-08$3.95/sh816$3,222250,987 total(indirect: Held by Reservoir Capital Master Fund, L.P.)
  • Sale

    Common Stock

    2016-11-08$3.95/sh19,306$76,2282,634,258 total(indirect: Held by Reservoir Capital Partners, L.P.)
Holdings
  • Common Stock

    10,736
Transactions
  • Sale

    Common Stock

    2016-11-08$3.95/sh816$3,222250,987 total(indirect: Held by Reservoir Capital Master Fund, L.P.)
  • Sale

    Common Stock

    2016-11-08$3.95/sh19,306$76,2282,634,258 total(indirect: Held by Reservoir Capital Partners, L.P.)
Holdings
  • Common Stock

    10,736
Transactions
  • Sale

    Common Stock

    2016-11-08$3.95/sh816$3,222250,987 total(indirect: Held by Reservoir Capital Master Fund, L.P.)
  • Sale

    Common Stock

    2016-11-08$3.95/sh19,306$76,2282,634,258 total(indirect: Held by Reservoir Capital Partners, L.P.)
Holdings
  • Common Stock

    10,736
STERN DANIEL H
Director10% Owner
Transactions
  • Sale

    Common Stock

    2016-11-08$3.95/sh816$3,222250,987 total(indirect: Held by Reservoir Capital Master Fund, L.P.)
  • Sale

    Common Stock

    2016-11-08$3.95/sh19,306$76,2282,634,258 total(indirect: Held by Reservoir Capital Partners, L.P.)
Holdings
  • Common Stock

    10,736
Transactions
  • Sale

    Common Stock

    2016-11-08$3.95/sh816$3,222250,987 total(indirect: Held by Reservoir Capital Master Fund, L.P.)
  • Sale

    Common Stock

    2016-11-08$3.95/sh19,306$76,2282,634,258 total(indirect: Held by Reservoir Capital Partners, L.P.)
Holdings
  • Common Stock

    10,736
RCGM LLC
Director10% Owner
Transactions
  • Sale

    Common Stock

    2016-11-08$3.95/sh816$3,222250,987 total(indirect: Held by Reservoir Capital Master Fund, L.P.)
  • Sale

    Common Stock

    2016-11-08$3.95/sh19,306$76,2282,634,258 total(indirect: Held by Reservoir Capital Partners, L.P.)
Holdings
  • Common Stock

    10,736
RCP GP, LLC
Director10% Owner
Transactions
  • Sale

    Common Stock

    2016-11-08$3.95/sh816$3,222250,987 total(indirect: Held by Reservoir Capital Master Fund, L.P.)
  • Sale

    Common Stock

    2016-11-08$3.95/sh19,306$76,2282,634,258 total(indirect: Held by Reservoir Capital Partners, L.P.)
Holdings
  • Common Stock

    10,736
Footnotes (3)
  • [F1]The securities held by Reservoir Capital Partners, L.P. ("RCP") and Reservoir Capital Master Fund, L.P. ("RCMF") may be deemed to be beneficially owned by Craig A. Huff and Daniel Stern, who are the senior managing members (the "Reservoir Members") of RCGM, LLC ("RCGM"). RCGM is the managing member of Reservoir Capital Group, L.L.C. ("RCG"), which is the general partner of Reservoir Capital Partners (Cayman), L.P. ("RCP Cayman"), which is the sole member of RCP GP, LLC ("RCP GP"), and which is the general partner of RCP. RCG is the general partner of RCMF. Each of the Reservoir Members, RCGM, RCG, RCP Cayman and RCP GP disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein. Amounts in Column 5 of Table 1 reflect changes in form of beneficial ownership that have occurred since the most recent prior statement filed by the Reporting Persons.
  • [F2]Restricted shares of common stock representing a portion of the annual grant of equity for service as a nonemployee director pursuant to the Issuer's Non-Employee Director Compensation Policy. These restricted shares will vest on the earlier of (a) June 24, 2017 or (b) the day prior to the Issuer's annual meeting of stockholders to be held in 2017. Pursuant to an arrangement between Mr. Huff, RCP and RCMF (collectively, the "Reservoir Funds"), such shares and options are held by him solely as a nominee for the Reservoir Funds and he is required to transfer such shares and the shares underlying such options to the applicable Reservoir Funds as soon as practicable after such shares can be transferred without restrictions. (cont'd in FN 3)
  • [F3](cont'd from FN 2) Such shares and options are included as directly beneficially owned by Mr. Huff, but may also be deemed to be beneficially owned by the other Reporting Persons as a result of such arrangements. Each of the Reporting Persons disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein.

Issuer

ASPEN AEROGELS INC

CIK 0001145986

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001145986

Filing Metadata

Form type
4
Filed
Nov 9, 7:00 PM ET
Accepted
Nov 10, 5:01 PM ET
Size
21.2 KB