Donald R. Young - Sep 30, 2024 Form 4 Insider Report for ASPEN AEROGELS INC (ASPN)

Signature
/s/ Virginia H. Johnson, Attorney-in-Fact
Stock symbol
ASPN
Transactions as of
Sep 30, 2024
Transactions value $
-$1,902,551
Form type
4
Date filed
10/1/2024, 11:31 AM
Previous filing
Jul 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASPN Common Stock Sale -$1.9M -63.4K -11.58% $30.03 484K Sep 30, 2024 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transactions reported on this Form 4 were effected pursuant to a Rule 10B5-1 Trading Plan previously adopted by the reporting person on June 4, 2024.
F2 These transactions were executed in multiple trades at prices ranging from $30.00 to $30.17. 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.
F3 Represents 436,108 shares of Common Stock and 47,532 Restricted Stock Units.