SEC Form 4 · accession 0001553350-17-000737
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
Jun 11, 2017
Accepted (ET)
Jun 13, 2017 · 4:38 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 | $6.28 | Jun 11, 2017 | A | 30,000 | A | — | Jun 11, 2022 | Common Stock | 30,000 | 30,000 | D |
Explanation of responses
- F1The securities vest quarterly over a three-year period in twelve equal quarterly increments with the first vesting date being on September 11, 2017, subject to continued service as an executive officer on each applicable vesting date.
- F2Not applicable.