Key facts
- This page summarizes Wood River Capital, LLC's Form 4 filing for ASPEN AEROGELS INC (ASPN).
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 19 Aug 2024, 17:34.
Wood River Capital, LLC - 19 Aug 2024 Form 4 Insider Report for ASPEN AEROGELS INC (ASPN)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- ASPN
- Reported as of
- 19 Aug 2024
- Net transaction value
- -$18,594,221,261,744,688
- SEC form
- 4
- Accepted by SEC
- 19 Aug 2024, 17:34:16 UTC
- Prior SEC filing
- 01 Jul 2024
- Next SEC filing
- 24 Sep 2026
- Source filing
- View source filing
- Reporting owner signature
- Wood River Capital, LLC /s/ Raffaele G. Fazio, Vice President and Secretary
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Wood River Capital, LLC filed Form 4 for ASPEN AEROGELS INC (ASPN) on 19 Aug 2024.
Change
- Previous filing in this sequence was filed on 01 Jul 2024.
- Current net transaction value: -$18,594,221,261,744,688.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
ASPN
transaction
Derivative
Convertible Senior PIK Toggle Notes due 2027
Sale
- Transaction value
- $18,594,221,261,744,688
- Shares
- -123,937,608
- Change %
- -100%
- Price
- $150028886.00*
- Shares after
- 0
- Date
- 19 Aug 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 4,139,999
- Exercise price
- $29.94
- Footnotes
- F1, F2, F3, F4, F5, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
On August 19, 2024, Wood River Capital, LLC ("Wood River") and Aspen Aerogels, Inc. (the "Issuer") entered into a Note Purchase and Sale Agreement (the "NPA") pursuant to which the Issuer agreed to repurchase all of its outstanding Convertible Senior PIK Toggle Notes due 2027 (the "Notes") from Wood River. The repurchase closed on August 19, 2024.
Footnote F2
Represents the effective conversion price of $29.936625 per share of the common stock of Issuer, as reported in the Issuer's Current Report on Form 8-K, filed on November 29, 2022.
Footnote F3
Represents the aggregate capitalized principal amount of the Notes, including paid-in-kind interest, capitalized through, but not including, the interest payment date of June 30, 2024.
Footnote F4
Prior to their repurchase by the Issuer, the Notes were convertible at any time and matured on February 18, 2027.
Footnote F5
Represents 4,139,999 shares of the Issuer's common stock issuable upon conversion of the Aggregate Principal Amount based on the effective conversion price of $29.936625 per share.
Footnote F6
Wood River is beneficially owned by SCC Holdings, LLC ("SCC"), SCC is beneficially owned by KIM, LLC ("KIM"), KIM is beneficially owned by Koch Investments Group, LLC ("KIG"), KIG is beneficially owned by Koch Investments Group Holdings, LLC ("KIGH"), KIGH is beneficially owned by Koch Companies, LLC ("KCLLC"), and KCLLC is beneficially owned by Koch, Inc., in each case by means of ownership of all voting equity instruments. Koch, Inc., KCLLC, KIGH, KIG, KIM and SCC may be deemed to beneficially own the securities beneficially owned by Wood River by virtue of (i) Koch, Inc.'s beneficial ownership of KCLLC, (ii) KCLLC's beneficial ownership of KIGH, (iii) KIGH's beneficial ownership of KIG, (iv) KIG's beneficial ownership of KIM, (v) KIM's beneficial ownership of SCC, and (vi) SCC's beneficial ownership of Wood River.