SEC Form 4 · accession 0001553350-19-000041
ASPEN GROUP, INC. · ASPU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael A. D'Anton
Director
Period of report
Jan 10, 2019
Accepted (ET)
Jan 14, 2019 · 4:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001487198
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 10, 2019 | M | 21,930 | $2.28 | A | 212,306 | D | |
| Common Stock | Jan 10, 2019 | F | 9,693 | $5.158 | D | 202,613 | D | |
| Common Stock | holding | — | — | — | 14,808 | I | By Custodian of his children |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantsF1 | $2.28 | Jan 10, 2019 | M | 21,930 | D | Mar 10, 2014 | Mar 10, 2019 | Common Stock | 21,930 | 0 | D |
Explanation of responses
- F1The Reporting Person cashlessly exercised the warrants which were expiring in 2019. The exercise of the warrants was exempt under Rule 16b-6 and the disposition of shares to the Issuer was pre-approved in advance by the Issuer's Board of Directors as required by Rule 16b-3.