SEC Form 4 · accession 0001553350-15-000403
ASPEN GROUP, INC. · ASPU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Janet M Gill
Officer — CFO and Executive VP
Period of report
Apr 29, 2015
Accepted (ET)
Apr 30, 2015 · 4:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001487198
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 29, 2015 | M | 325,000 | $0.155 | A | 975,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Warrants (Right to Buy)F1 | $0.19 | Apr 29, 2015 | D | 325,000 | D | — | Jul 29, 2019 | Common Stock | 325,000 | 0 | D |
| Common Stock Warrants (Right to Buy)F1 | $0.155 | Apr 29, 2015 | A | 325,000 | A | Apr 29, 2015 | Jul 29, 2019 | Common Stock | 325,000 | 325,000 | D |
| Common Stock Warrants (Right to Buy) | $0.155 | Apr 29, 2015 | M | 325,000 | D | Apr 29, 2015 | Jul 29, 2019 | Common Stock | 325,000 | 0 | D |
Explanation of responses
- F1The two transactions involved an amendment of outstanding warrants, resulting in the deemed cancellation of the "old" warrants and the grant of replacement warrants. The warrants were originally granted on July 29, 2014 and are fully vested.