Corby C. Whitaker - Aug 2, 2021 Form 4 Insider Report for ASPEN AEROGELS INC (ASPN)

Role
SVP, Sales and Marketing
Signature
/s/ Poongunran Muthukumaran, Attorney-in-Fact
Stock symbol
ASPN
Transactions as of
Aug 2, 2021
Transactions value $
-$1,337,872
Form type
4
Date filed
8/4/2021, 04:27 PM
Next filing
Nov 10, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASPN Common Stock Options Exercise $32.1K +4.26K +3.86% $7.54 114K Aug 2, 2021 Direct F1
transaction ASPN Common Stock Options Exercise $138K +30K +26.22% $4.60 144K Aug 2, 2021 Direct F2
transaction ASPN Common Stock Sale -$1.24M -34.3K -23.72% $36.27* 110K Aug 2, 2021 Direct F3, F4
transaction ASPN Common Stock Options Exercise $36.8K +8K +7.26% $4.60 118K Aug 3, 2021 Direct F5
transaction ASPN Common Stock Sale -$302K -8K -6.77% $37.78* 110K Aug 3, 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 -4.26K -100% $0.00* 0 Aug 2, 2021 Common Stock 4.26K $7.54 Direct F7
transaction ASPN Stock Option (Right to Buy) Options Exercise $0 -30K -56.89% $0.00 22.7K Aug 2, 2021 Common Stock 30K $4.60 Direct F7
transaction ASPN Stock Option (Right to Buy) Options Exercise $0 -8K -35.19% $0.00 14.7K Aug 3, 2021 Common Stock 11.7K $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.