Home > Insider Trading > Filing (0001553350-20-000392)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1487198	Aspen Group Inc.	ASPU	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1469394	Michael Mathews	276 Fifth Avenue Suite 505 New York NY 10001	Chief Executive Officer	Yes	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2020-05-01	25,000	$7.40	627,034	No	4	S	Direct
Common Stock	Disposition	2020-05-04	25,000	$6.90	602,034	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	S	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	8,334	Indirect	Held in trust

Footnotes

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.
he shares were sold to pay (i) federal, state and local income taxes incurred from the cashless exercise of 162,500 stock options in July 2019 (ii) the withholding taxes due in connection with the planned exercise of 66,667 stock options expiring in July 2020 and (iii) to pay the exercise price on the options expiring in July 2020.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $6.90 to $7.715, 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $6.77 to $6.9950, 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 (4) to this Form 4.