4//SEC Filing
Alessi Robert 4
Accession 0001553350-20-000737
CIK 0001487198other
Filed
Aug 12, 8:00 PM ET
Accepted
Aug 13, 4:05 PM ET
Size
5.7 KB
Accession
0001553350-20-000737
Insider Transaction Report
Form 4
Alessi Robert
Chief Accounting Officer
Transactions
- Award
Common Stock
2020-08-12+20,000→ 20,000 total
Footnotes (2)
- [F1]Represents restricted stock units. 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 as it was approved by the compensation committee of the board of directors of the Issuer. The restricted stock units vest in approximately equal annual increments over a three-year period from July 1, 2020, subject to continued service as an executive officer of the Company as of each applicable vesting date. In the event of a change of control of the Company, vesting will accelerate. Vested shares of common stock will be delivered to the Reporting Person upon the vesting of the restricted stock units. The restricted stock units were issued under the 2012 Equity Incentive Plan.
- [F2]Does not include 20,000 restricted stock units previously granted on December 1, 2019.
Documents
Issuer
ASPEN GROUP, INC.
CIK 0001487198
Entity typeother
Related Parties
1- filerCIK 0001795797
Filing Metadata
- Form type
- 4
- Filed
- Aug 12, 8:00 PM ET
- Accepted
- Aug 13, 4:05 PM ET
- Size
- 5.7 KB