SEC Form 4 · accession 0001553350-18-001388
ASPEN GROUP, INC. · ASPU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank J Cotroneo
Director
Period of report
Dec 24, 2018
Accepted (ET)
Dec 27, 2018 · 4:08 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)F1 | $5.12 | Dec 24, 2018 | A | 41,667 | A | Dec 24, 2018 | Dec 24, 2023 | Common Stock | 41,667 | 41,667 | D |
Explanation of responses
- F1The stock options were granted under the Aspen Group, Inc. 2018 Equity Incentive Plan for service as a director and a committee member, as applicable, and vest in three equal annual increments on December 24, 2019, December 24, 2020 and December 24, 2021, subject to continued service as a director of the Issuer on each applicable vesting date.