SEC Form 4 · accession 0001209191-15-025652
ASPEN AEROGELS INC · ASPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
John F Fairbanks
Officer — VP, CFO and Treasurer
Period of report
Mar 11, 2015
Accepted (ET)
Mar 12, 2015 · 4:35 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001145986
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Mar 11, 2015 | A | 16,578 | $0.00 | A | 42,940 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F3 | $0.754 | Mar 11, 2015 | A | 30,029 | A | — | Mar 11, 2025 | Common Stock | 30,029 | 30,029 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting. The RSUs vest as to one-third of the shares on March 11, 2016 and as to an additional one-third of the shares each successive twelve-month period thereafter, until March 11, 2018.
- F2Represents 1485 shares of common stock and 41,455 RSUs
- F3The options vest as to one-third of the options on March 11, 2016 and as to an additional one-third of the options each successive twelve-month period thereafter, until March 11, 2018.