SEC Form 4 · accession 0001553350-17-000614
ASPEN GROUP, INC. · ASPU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cheri St. Arnauld
Officer — Chief Academic Officer
Period of report
May 13, 2017
Accepted (ET)
May 16, 2017 · 4:39 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 | $4.90 | May 13, 2017 | A | 70,000 | A | — | May 13, 2022 | Common Stock | 70,000 | 70,000 | D |
Explanation of responses
- F1The securities vest in three equal annual increments with the first vesting date being 12 months from the grant date, subject to continued service as an executive officer on each applicable vesting date.
- F2Not applicable.