Corby C. Whitaker - 02 Aug 2021 Form 4 Insider Report for ASPEN AEROGELS INC (ASPN)

Role
SVP, Sales and Marketing
Signature
/s/ Poongunran Muthukumaran, Attorney-in-Fact
Issuer symbol
ASPN
Transactions as of
02 Aug 2021
Net transactions value
-$1,337,872
Form type
4
Filing time
04 Aug 2021, 16:27:14 UTC
Next filing
10 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASPN Common Stock Options Exercise $32,105 +4,258 +3.9% $7.54 114,438 02 Aug 2021 Direct F1
transaction ASPN Common Stock Options Exercise $138,000 +30,000 +26% $4.60 144,438 02 Aug 2021 Direct F2
transaction ASPN Common Stock Sale $1,242,538 -34,258 -24% $36.27* 110,180 02 Aug 2021 Direct F3, F4
transaction ASPN Common Stock Options Exercise $36,800 +8,000 +7.3% $4.60 118,180 03 Aug 2021 Direct F5
transaction ASPN Common Stock Sale $302,240 -8,000 -6.8% $37.78* 110,180 03 Aug 2021 Direct F4, F6

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 Option (Right to Buy) Options Exercise $0 -4,258 -100% $0.000000* 0 02 Aug 2021 Common Stock 4,258 $7.54 Direct F7
transaction ASPN Stock Option (Right to Buy) Options Exercise $0 -30,000 -57% $0.000000 22,735 02 Aug 2021 Common Stock 30,000 $4.60 Direct F7
transaction ASPN Stock Option (Right to Buy) Options Exercise $0 -8,000 -35% $0.000000 14,735 03 Aug 2021 Common Stock 11,657 $4.60 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 95,604 shares of Common Stock and 18,834 Restricted Stock Units.
F2 Represents 125,604 shares of Common Stock and 18,834 Restricted Stock Units.
F3 Average price with actual price ranging from $35.7600 and $37.05. 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.
F4 Represents 91,346 shares of Common Stock and 18,834 Restricted Stock Units.
F5 Represents 99,346 shares of Common Stock and 18,834 Restricted Stock Units.
F6 Average price with actual price ranging from $37.6200 and $37.9950. 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.
F7 This option is fully vested and exercisable.