4//SEC Filing
Arnauld Cheri St. 4
Accession 0001553350-20-000507
CIK 0001487198other
Filed
Jun 2, 8:00 PM ET
Accepted
Jun 3, 4:21 PM ET
Size
14.8 KB
Accession
0001553350-20-000507
Insider Transaction Report
Form 4
Arnauld Cheri St.
Chief Academic Officer
Transactions
- Exercise/Conversion
Common Stock
2020-06-02$1.99/sh+58,334$116,201→ 81,555 total - Sale
Common Stock
2020-06-02$9.65/sh−83,334$804,298→ 23,221 total - Sale
Common Stock
2020-06-02$9.65/sh−58,334$563,011→ 23,221 total - Exercise/Conversion
Stock Options (Right to Buy)
2020-06-02−58,334→ 0 totalExercise: $1.99From: 2016-06-23Exp: 2021-06-23→ Common Stock (58,334 underlying) - Exercise/Conversion
Common Stock
2020-06-02$2.02/sh+83,334$168,001→ 106,555 total - Exercise/Conversion
Stock Options (Right to Buy)
2020-06-02−83,334→ 0 totalExercise: $2.02From: 2015-06-08Exp: 2020-06-08→ Common Stock (83,334 underlying)
Footnotes (3)
- [F1]The stock option exercise and the sales reported on this Form 4 were affected by a broker-dealer pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person during an open window period. The exercise exempt from Section 16(b) under the Securities Exchange Act of 1934 by virtue of Rule 16b-6.
- [F2]The shares were sold in part to pay the exercise price and federal, state and local income taxes incurred from the exercise of stock options.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $9.00 to $10.0325, inclusive. The Reporting Person undertakes to provide to Aspen Group, Inc., any security holder of Aspen Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3) to this Form 4.
Documents
Issuer
ASPEN GROUP, INC.
CIK 0001487198
Entity typeother
Related Parties
1- filerCIK 0001601734
Filing Metadata
- Form type
- 4
- Filed
- Jun 2, 8:00 PM ET
- Accepted
- Jun 3, 4:21 PM ET
- Size
- 14.8 KB