KEITH L. SCHILLING - 23 Feb 2022 Form 4 Insider Report for ASPEN AEROGELS INC (ASPN)

Role
Sr. Vice President, Technology
Signature
/s/ Pooongunran Muthukumaran, Attorney-in-Fact
Issuer symbol
ASPN
Transactions as of
23 Feb 2022
Net transactions value
+$112,495
Form type
4
Filing time
25 Feb 2022, 18:03:33 UTC
Previous filing
31 Jan 2022
Next filing
06 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASPN Common Stock Award $112,495 +4,279 +120% $26.29 7,843 23 Feb 2022 Direct F1, F2

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) Award $0 +22,408 $0.000000 22,408 23 Feb 2022 Common Stock 22,408 $26.29 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents the right to receive one share of Common Stock upon vesting. The RSUs vest as to one-third of the shares on February 23, 2023, an additional one-third of the shares on February 23, 2024 and the remaining one-third of the shares on February 23, 2025.
F2 Represents RSUs.
F3 The options vest as to one-third of the shares on February 23, 2023, and additional one-third of the shares on February 23, 2024 and the remaining one-third of the shares on February 23, 2025.