Cheri St. Arnauld - Aug 12, 2021 Form 4 Insider Report for ASPEN GROUP, INC. (ASPU)

Role: Chief Academic Officer
Signature: /s/ Cheri St. Arnauld
Stock symbol: ASPU
Transactions as of: Aug 12, 2021
Transactions value $: $0
Form type: 4
Date filed: 8/16/2021, 04:21 PM
Next filing: Jul 11, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ASPU	Common Stock	Award	$0	+80K	+125.59%	$0.00	144K	Aug 12, 2021	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The grant was exempt from Section 16(b) under the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder as it was approved in advance by the Compensation Committee. The restricted stock units vest in three nearly equal annual increments with the first such increment vesting on August 12, 2022, subject to continued service as an officer of the Company on each applicable vesting date. Shares of common stock will be delivered to the Reporting Person upon the vesting of the restricted stock units. The restricted stock units were issued under the 2018 Equity Incentive Plan.

Content

Represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The grant was exempt from Section 16(b) under the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder as it was approved in advance by the Compensation Committee. The restricted stock units vest in three nearly equal annual increments with the first such increment vesting on August 12, 2022, subject to continued service as an officer of the Company on each applicable vesting date. Shares of common stock will be delivered to the Reporting Person upon the vesting of the restricted stock units. The restricted stock units were issued under the 2018 Equity Incentive Plan.