Corby C. Whitaker - May 6, 2024 Form 4 Insider Report for ASPEN AEROGELS INC (ASPN)

Role
SVP, Sales and Marketing
Signature
/s/ Virginia H. Johnson, Attorney-in-Fact
Stock symbol
ASPN
Transactions as of
May 6, 2024
Transactions value $
-$1,179,299
Form type
4
Date filed
5/8/2024, 08:51 AM
Previous filing
Mar 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASPN Common Stock Options Exercise $200K +55.2K +41.94% $3.63 187K May 6, 2024 Direct
transaction ASPN Common Stock Sale -$1.38M -55.2K -29.55% $25.01 132K May 6, 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) Options Exercise $0 -55.2K -100% $0.00* 0 May 6, 2024 Common Stock 55.2K $3.63 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These transactions were executed in multiple trades at prices ranging from $24.75 to $25.24. The reporting person will provide to the staff of the Securities and Exchange Commission, the issuer, or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price.
F2 Represents 111,062 shares of Common Stock and 20,471 Restricted Stock Units.
F3 This option is fully vested and exercisable.