Kelley Conte - Nov 30, 2021 Form 4 Insider Report for ASPEN AEROGELS INC (ASPN)

Signature
/s/ Poongunran Muthukumaran, Attorney-in-Fact
Stock symbol
ASPN
Transactions as of
Nov 30, 2021
Transactions value $
-$1,003,926
Form type
4
Date filed
12/1/2021, 03:36 PM
Previous filing
Aug 27, 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 $116K +20K +32.21% $5.82 82.1K Nov 30, 2021 Direct F1
transaction ASPN Common Stock Sale -$440K -8.01K -9.76% $54.95* 74.1K Nov 30, 2021 Direct F2, F3
transaction ASPN Common Stock Sale -$286K -5.13K -6.92% $55.83* 69K Nov 30, 2021 Direct F4, F5
transaction ASPN Common Stock Sale -$257K -4.5K -6.53% $57.04* 64.5K Nov 30, 2021 Direct F6, F7
transaction ASPN Common Stock Sale -$137K -2.36K -3.66% $58.09* 62.1K Nov 30, 2021 Direct F8, F9

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 -20K -81.27% $0.00 4.61K Nov 30, 2021 Common Stock 20K $5.82 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 63,493 shares of Common Stock and 18,604 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 $54.34 to $55.34 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 55,480 shares of Common Stock and 18,604 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 $55.40 to $56.29 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 50,354 shares of Common Stock and 18,604 Restricted Stock Units.
F6 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 $56.48 to $57.48 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.
F7 Represents 45,851 shares of Common Stock and 18,604 Restricted Stock Units.
F8 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 $57.50 to $58.49 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.
F9 Represents 43,493 shares of Common Stock and 18,604 Restricted Stock Units.
F10 These options are fully vested and exercisable.