SEC Form 4 · accession 0001209191-18-039208
ASPEN AEROGELS INC · ASPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert M. Gervis
Director
Period of report
Jun 20, 2018
Accepted (ET)
Jun 22, 2018 · 4:29 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 | Jun 20, 2018 | A | 9,677 | $0.00 | A | 120,895 | D | |
| Common StockF2 | holding | — | — | — | 72,491 | I | Held by Robert Gervis 2014 Grantor Retained Annuity Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $5.27 | Jun 20, 2018 | A | 13,517 | A | — | Jun 20, 2028 | Common Stock | 13,517 | 13,517 | D |
Explanation of responses
- F1The reporting person was granted restricted shares of common stock representing a portion of the annual grant of equity for service as a non-employee director pursuant to the Issuer's Non-Employee Director Compensation Policy. These restricted shares will vest on the earlier of (a) June 20, 2019 or (b) the day prior to the Issuer's annual meeting of stockholders to be held in 2019.
- F2Represents shares held by Robert Gervis 2014 Grantor Retained Annuity Trust, of which the reporting person is a beneficiary and his spouse is trustee.
- F3The reporting person was granted options representing the remaining portion of the annual grant of equity for service as a non-employee director pursuant to the Issuer's Non-Employee Director Compensation Policy. The options will vest on the earlier of (a) June 20, 2019 or (b) the day prior to the Issuer's annual meeting of stockholders to be held in 2019.