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.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Award
Additional SEC filing notes
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.