Santhosh P. Daniel - 13 Sep 2023 Form 4 Insider Report for ASPEN AEROGELS INC (ASPN)

Role
Chief Accounting Officer
Signature
/s/ Virginia H. Johnson, Attorney-in-Fact
Issuer symbol
ASPN
Transactions as of
13 Sep 2023
Transactions value $
$0
Form type
4
Filing time
14 Sep 2023, 16:37:01
Previous filing
25 Jan 2023
Next filing
07 Mar 2024
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 +16K +798.7% $0.00 18K 13 Sep 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 +16K $0.00 15.8K 13 Sep 2023 Common Stock 15.8K $6.26 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 13, 2024, an additional one-third of the shares on September 13, 2025, and the remaining one-third of the shares on September 13, 2026.
F2 Includes 15,974 RSUs.
F3 The options vest as to one-third of the shares on September 13, 2024, an additional one-third of the shares on September 13, 2025, and the remaining one-third of the shares on September 13, 2026.