Filing Details
- Accession Number:
- 0001553350-20-001128
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-12-29 18:38:56
- Reporting Period:
- 2020-12-24
- Accepted Time:
- 2020-12-29 18:38:56
- SEC Url:
- Form 4 Filing
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 |
|---|---|---|---|---|---|---|---|
| 1207351 | J Frank Cotroneo | 276 Fifth Avenue Suite 505 New York NY 10001 | Chief Financial 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 | 2020-12-24 | 7,415 | $10.88 | 33,458 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2020-12-28 | 15,085 | $10.73 | 18,373 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2020-12-28 | 13,889 | $5.12 | 32,262 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-12-28 | 3,613 | $10.84 | 28,649 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2020-12-28 | 6,560 | $10.84 | 22,089 | No | 4 | F | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | F | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Options (Right to Buy) | Disposition | 2020-12-28 | 13,889 | $0.00 | 13,889 | $5.12 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 13,889 | 2018-12-24 | 2023-12-24 | No | 4 | M | Direct |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $10.76 to $11.05, 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 bought at each separate price within the ranges set forth in footnote (1) to this Form 4.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $10.65 to $10.92, 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 bought at each separate price within the ranges set forth in footnote (2) to this Form 4.
- The Reporting Person cashlessly exercised the stock options. The exercise of the stock options was exempt under Rule 16b-6 and the right of the Reporting Person to direct that the shares be withheld in payment of the exercise price and applicable taxes was both approved in advance by the Executive Committee of the Issuer's Board of Directors, which is comprised of only non-employee directors, and by the full Board of Directors in accordance with Rule 16b-3(d).
- Represents shares surrendered in payment of the applicable taxes.
- Represents shares surrendered in payment of the exercise price.
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