SEC Form 4 · accession 0001553350-15-001351
ASPEN GROUP, INC. · ASPU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Mathews
Officer — Chief Executive Officer · Director
Period of report
Dec 11, 2015
Accepted (ET)
Dec 15, 2015 · 4:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001487198
Table I — non-derivative securities
No Table I lines on this filing.
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)F2,F1 | $0.175 | Dec 11, 2015 | A | 1,500,000 | A | — | Dec 11, 2025 | Common Stock | 1,500,000 | 1,500,000 | D |
Explanation of responses
- F1The securities vest in three equal annual increments with the first vesting date being one year from the grant date, subject to continued service as an executive officer or director on each applicable vesting date.
- F2Not applicable.