Corby C. Whitaker - Nov 8, 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
Nov 8, 2021
Transactions value $
-$1,323,866
Form type
4
Date filed
11/10/2021, 05:10 PM
Previous filing
Aug 4, 2021
Next filing
Feb 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASPN Common Stock Options Exercise $67.8K +14.7K +13.37% $4.60 125K Nov 8, 2021 Direct F1
transaction ASPN Common Stock Sale -$382K -6.62K -5.3% $57.67* 118K Nov 8, 2021 Direct F2, F3
transaction ASPN Common Stock Sale -$463K -8.12K -6.86% $56.99* 110K Nov 8, 2021 Direct F4, F5
transaction ASPN Common Stock Options Exercise $36.3K +10K +9.08% $3.63 120K Nov 9, 2021 Direct F6
transaction ASPN Common Stock Sale -$584K -10K -8.32% $58.37* 110K Nov 9, 2021 Direct F5, F7

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 -14.7K -100% $0.00* 0 Nov 8, 2021 Common Stock 14.7K $4.60 Direct F8
transaction ASPN Stock Option (Right to Buy) Options Exercise $0 -10K -15.35% $0.00 55.2K Nov 9, 2021 Common Stock 10K $3.63 Direct F8, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 106,081 shares of Common Stock and 18,834 Restricted Stock Units.
F2 The price reflected is the weighted-average sale price for shares sold. The shares were sold in multiple transactions and the range of sale prices for the transactions reported was $57.31 to $58.28 per share. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
F3 Represents 99,464 shares of Common Stock and 18,834 Restricted Stock Units.
F4 The price reflected is the weighted-average sale price for shares sold. The shares were sold in multiple transactions and the range of sale prices for the transactions reported was $56.30 to $57.30 per share. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
F5 Represents 91,346 shares of Common Stock and 18,834 Restricted Stock Units.
F6 Represents 101,346 shares of Common Stock and 18,834 Restricted Stock Units.
F7 The price reflected is the weighted-average sale price for shares sold. The shares were sold in multiple transactions and the range of sale prices for the transactions reported was $58.10 to $58.88 per share. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
F8 These options are fully vested and exercisable.
F9 Represents fully vested and exercisable option to purchase 33,439 shares and option to purchase 21,720 shares which will vest on February 27, 2022.