SEC Form 4 · accession 0001209191-16-105770
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
Jeffrey Alan Ball
Officer — VP, Operations
Period of report
Mar 1, 2016
Accepted (ET)
Mar 3, 2016 · 7:18 pm EST
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 1, 2016 | A | 18,796 | $0.00 | A | 44,376 | 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 | $3.99 | Mar 1, 2016 | A | 36,717 | A | — | Mar 1, 2026 | Common Stock | 36,717 | 36,717 | 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 1, 2017, an additional one-third of the shares on March 1, 2018, and the remaining one-third of the shares on March 1, 2019.
- F2Represents 5,293 shares of Common Stock and 39,083 RSUs
- F3The options vest as to one-third of the shares on March 1, 2017, an additional one-third of the shares on March 1, 2018 and the remaining one-third of the shares on March 1, 2019.