Steven R. Mitchell - 01 Jun 2023 Form 4 Insider Report for ASPEN AEROGELS INC (ASPN)

Role
Director
Signature
/s/ Virginia H. Johnson, Attorney-in-Fact
Issuer symbol
ASPN
Transactions as of
01 Jun 2023
Net transactions value
$0
Form type
4
Filing time
02 Jun 2023, 16:16:49 UTC
Previous filing
19 May 2023
Next filing
07 Jul 2023
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 $0 +7,488 +11% $0.000000 76,719 01 Jun 2023 Direct F1

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 +7,712 $0.000000 7,712 01 Jun 2023 Common Stock 7,712 $6.81 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was granted restricted shares of common stock representing a portion of the annual grant of equity for service as a non-employee director pursuant to the Issuer's Non-Employee Director Compensation Policy. These restricted shares will vest on the earlier of (a) June 1, 2024, or (b) the day prior to the Issuer's annual meeting of stockholders to be held in 2024.
F2 The reporting person was granted options representing the remaining portion of the annual grant of equity for service as a non-employee director pursuant to the Issuer's Non-Employee Director Compensation Policy. The options will vest on the earlier of (a) June 1, 2024, or (b) the day prior to the Issuer's annual meeting of stockholders to be held in 2024.

Remarks:

Power of Attorney is attached hereto as Exhibit 24.