Matthew LaVay - 29 Aug 2023 Form 4 Insider Report for ASPEN GROUP, INC. (ASPU)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
30 Aug 2023, 16:02:32 UTC
Prior SEC filing
16 Aug 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Matthew LaVay

Key filing fact

Matthew LaVay filed Form 4 for ASPEN GROUP, INC. (ASPU) on 30 Aug 2023.

Key facts

  • This page summarizes Matthew LaVay's Form 4 filing for ASPEN GROUP, INC. (ASPU).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 30 Aug 2023, 16:02.

Change

  • Previous filing in this sequence was filed on 16 Aug 2021.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ASPU transaction

Common Stock

Award

Transaction value
$0
Shares
+500,000
Change %
+1200%
Price
$0.000000
Shares after
541,666
Date
29 Aug 2023
Ownership
Direct
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Represents restricted stock units granted by the Issuer's Board of Directors, effective August 29, 2023. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The grant was made under the Aspen Group, Inc. 2018 Equity Incentive Plan, was approved by the Issuer's Board of Directors and was exempt from Section 16(b) of the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder. The restricted stock units will vest in three approximately equal annual increments with the first increment vesting on August 29, 2024, subject to continued employment with the Issuer on each applicable vesting date.

Footnote F2

The total amount of shares beneficially owned includes 41,666 underlying shares of common stock underlying restricted stock units which shall vest on August 16, 2024.

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