SEC Form 4 · accession 0001553350-16-002080
ASPEN GROUP, INC. · ASPU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John J Scheibelhoffer
Director
Period of report
Dec 11, 2014
Accepted (ET)
May 23, 2016 · 4:15 pm EDT
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 | $0.2026 | Dec 11, 2014 | A | 100,000 | A | — | — | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1The securities vest in three equal annual increments with the first vesting date being one year from the Transaction Date, subject to continued service as a director on the applicable vesting date. The securities are exercisable for a five year period from the Transaction Date.
- F2Not applicable.