Donald R. Young - 05 Mar 2024 Form 4 Insider Report for ASPEN AEROGELS INC (ASPN)

Role
President and CEO, Director
Signature
/s/ Virginia H. Johnson, Attorney-in-Fact
Issuer symbol
ASPN
Transactions as of
05 Mar 2024
Net transactions value
$0
Form type
4
Filing time
07 Mar 2024, 16:54:31 UTC
Previous filing
27 Feb 2024
Next filing
11 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASPN Common Stock Award $0 +19,889 +5.7% $0.000000 369,524 05 Mar 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 +87,284 $0.000000 87,284 05 Mar 2024 Common Stock 87,284 $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 152,805 shares of Common Stock, 59,769 RSUs and 156,950 shares of Restricted Stock.
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.