Keith L. Schilling - Feb 23, 2022 Form 4 Insider Report for ASPEN AEROGELS INC (ASPN)

Role
Sr. Vice President, Technology
Signature
/s/ Pooongunran Muthukumaran, Attorney-in-Fact
Stock symbol
ASPN
Transactions as of
Feb 23, 2022
Transactions value $
$112,495
Form type
4
Date filed
2/25/2022, 06:03 PM
Previous filing
Jan 31, 2022
Next filing
Jun 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASPN Common Stock Award $112K +4.28K +120.06% $26.29 7.84K Feb 23, 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 +22.4K $0.00 22.4K Feb 23, 2022 Common Stock 22.4K $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.