Ricardo C. Rodriguez - Apr 1, 2022 Form 3 Insider Report for ASPEN AEROGELS INC (ASPN)

Role
SVP, CFO & Treasurer
Signature
/s/ Poongunran Muthukumaran, Attorney-in-Fact
Stock symbol
ASPN
Transactions as of
Apr 1, 2022
Transactions value $
$0
Form type
3
Date filed
4/1/2022, 07:11 PM
Next filing
Jun 6, 2022

Transactions Table

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
holding ASPN Stock Option (Right-to-Buy) Apr 1, 2022 Common Stock 6.04K $60.48 Direct F5
holding ASPN Stock Option (Right-to-Buy) Apr 1, 2022 Common Stock 13.7K $26.29 Direct F6
holding ASPN Stock Option (Right-to-Buy) Apr 1, 2022 Common Stock 7.76K $29.51 Direct F7
* 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. These RSUs vest November 15, 2022.
F2 These RSUs vest as to one-third of the RSUs on November 15, 2022, an additional one-third of the RSUs on November 15, 2023 and the remaining one-third of the RSUs on November 15, 2024.
F3 These RSUs vest as to one-third of the RSUs on February 23, 2023, an additional one-third of the RSUs on February 23, 2024 and the remaining one-third of the RSUs on February 23, 2025.
F4 These RSUs vest as to one-third of the RSUs on February 25, 2023, an additional one-third of the RSUs on February 25, 2024 and the remaining one-third of the RSUs on February 25, 2025.
F5 The options vest as to one-third of the shares on November 15, 2022, an additional one-third of the shares on November 15, 2023 and the remaining one-third of the shares on November 15, 2024.
F6 The options 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 shares on February 23, 2025.
F7 The options vest as to one-third of the shares on February 25, 2023, an additional one-third of the shares on February 25, 2024 and the remaining one-third shares on February 25, 2025.