FAIRBANKS JOHN F - 23 Feb 2022 Form 4 Insider Report for ASPEN AEROGELS INC (ASPN)

Reporting relationship: VP, CFO and Treasurer
Issuer ticker: ASPN
Reported as of: 23 Feb 2022
Net transaction value: +$64,568
SEC form: 4
Accepted by SEC: 25 Feb 2022, 18:11:32 UTC
Next SEC filing: 01 Mar 2022
Source filing: View source filing
Reporting owner signature: /s/ Poongunran Muthukumaran, Attorney-in-Fact

Key filing fact

FAIRBANKS JOHN F filed Form 4 for ASPEN AEROGELS INC (ASPN) on 25 Feb 2022.

Key facts

This page summarizes FAIRBANKS JOHN F's Form 4 filing for ASPEN AEROGELS INC (ASPN).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 25 Feb 2022, 18:11.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: +$64,568.

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.

ASPN transaction

Common Stock

Award

Transaction value: $74,979
Shares: +2,852
Change %: +2%
Price: $26.29
Shares after: 146,701
Date: 23 Feb 2022
Ownership: Direct
Footnotes: F1, F2

ASPN transaction

Common Stock

Tax liability

Transaction value: $10,411
Shares: -359
Change %: -0.24%
Price: $29.00
Shares after: 146,342
Date: 24 Feb 2022
Ownership: Direct
Footnotes: F3, F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ASPN transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value: $0
Shares: +14,938
Change %
Price: $0.000000
Shares after: 14,938
Date: 23 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 14,938
Exercise price: $26.29
Footnotes: F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote 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 February 23, 2023, an additional one-third of the shares on February 23, 2024 and the remaining one-third of the shares on February 23, 2025.

Footnote F2

Represents 120,733 shares of Common Stock and 25,968 RSUs.

Footnote F3

Shares withheld by Registrant to satisfy the minimum statutory tax withholding requirements on vesting of Restricted Stock Units.

Footnote F4

Represents 121,410 shares of Common Stock and 24,932 RSUs.

Footnote F5

The options vest as to one-third of the shares on February 23, 2023, and additional one-third of the shares on February 23, 2024 and the remaining one-third of the shares on February 23, 2025.