Stephanie Pittman - Sep 5, 2023 Form 4 Insider Report for ASPEN AEROGELS INC (ASPN)

Role
Chief Human Resources Officer
Signature
/s/ Virginia H. Johnson, Attorney-in-Fact
Stock symbol
ASPN
Transactions as of
Sep 5, 2023
Transactions value $
$0
Form type
4
Date filed
9/6/2023, 10:00 AM
Next filing
Mar 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASPN Common Stock Award $0 +16.2K $0.00 16.2K Sep 5, 2023 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 +72.8K $0.00 72.8K Sep 5, 2023 Common Stock 72.8K $6.19 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 September 5, 2024, an additional one-third of the shares on September 5, 2025, and the remaining one-third of the shares on September 5, 2026.
F2 Represents 16,155 RSUs.
F3 The options vest as to one-third of the shares on September 5, 2024, an additional one-third of the shares on September 5, 2025, and the remaining one-third of the shares on September 5, 2026.