Santhosh P. Daniel - Mar 5, 2024 Form 4 Insider Report for ASPEN AEROGELS INC (ASPN)

Role
Chief Accounting Officer
Signature
/s/ Virginia H. Johnson, Attorney-in-Fact
Stock symbol
ASPN
Transactions as of
Mar 5, 2024
Transactions value $
$0
Form type
4
Date filed
3/7/2024, 04:49 PM
Previous filing
Sep 14, 2023
Next filing
Sep 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASPN Common Stock Award $0 +3.67K +20.42% $0.00 21.6K Mar 5, 2024 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ASPN Stock Options (Right to Buy) Award $0 +5.37K $0.00 5.37K Mar 5, 2024 Common Stock 5.37K $16.34 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents the right to receive one share of Common Stock upon vesting. The RSUs vest as to one-third of the shares on March 5, 2025, an additional one-third of the shares on March 5, 2026 and the remaining one-third of the shares on March 5, 2027.
F2 Represents 2,000 shares of Common Stock and 19,645 RSUs.
F3 The options vest as to one-third of the shares on March 5, 2025, an additional one-third of the shares on March 5, 2026 and the remaining one-third of the shares on March 5, 2027.