SEC Form 4 · accession 0001209191-19-015227
ASPEN AEROGELS INC · ASPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Alan Ball
Officer — VP, Operations
Period of report
Feb 27, 2019
Accepted (ET)
Mar 1, 2019 · 7:43 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 | Feb 27, 2019 | A | 27,548 | $3.63 | A | 104,434 | 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 | $3.63 | Feb 27, 2019 | A | 55,454 | A | — | Feb 27, 2029 | Common Stock | 55,454 | 55,454 | 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 February 27, 2020, an additional one-third of the shares on February 27, 2021 and the remaining one-third of the shares on February 27, 2022.
- F2Represents 32,778 shares of Common Stock and 71,656 Restricted Stock Units.
- F3The options vest as to one-third of the shares on February 27, 2020, an additional one-third of the shares on February 27, 2021 and the remaining one-third of the shares on February 27, 2022.