Key facts
- This page summarizes KOCH INDUSTRIES LLC's Form 4 filing for ASPEN AEROGELS INC (ASPN).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 30 Mar 2022, 16:05.
KOCH INDUSTRIES LLC - 28 Mar 2022 Form 4 Insider Report for ASPEN AEROGELS INC (ASPN)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- ASPN
- Reported as of
- 28 Mar 2022
- Net transaction value
- +$49,999,993
- SEC form
- 4
- Accepted by SEC
- 30 Mar 2022, 16:05:28 UTC
- Prior SEC filing
- 30 Sep 2021
- Next SEC filing
- 13 Mar 2023
- Source filing
- View source filing
- Reporting owner signature
- Koch Industries, Inc. /s/ Raffaele G. Fazio, Assistant Secretary
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
KOCH INDUSTRIES LLC filed Form 4 for ASPEN AEROGELS INC (ASPN) on 30 Mar 2022.
Change
- Previous filing in this sequence was filed on 30 Sep 2021.
- Current net transaction value: +$49,999,993.
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 non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
ASPN
transaction
Common Stock
Purchase
- Transaction value
- $49,999,993
- Shares
- +1,791,986
- Change %
- Price
- $27.90
- Shares after
- 1,791,986
- Date
- 28 Mar 2022
- Ownership
- See footnote
- Footnotes
- F3, F4
ASPN
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 3,462,124
- Date
- 28 Mar 2022
- Ownership
- See footnote
- 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 4 footnotes
Footnote F1
Represents 3,462,124 shares of common stock ("Public Shares") of Aspen Aerogels, Inc. (the "Issuer") held by Spring Creek Capital, LLC ("Spring Creek").
Footnote F2
Spring Creek 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"), and KIGH is beneficially owned by Koch Industries, Inc. ("Koch Industries"), in each case by means of ownership of all voting equity instruments. Koch Industries, SCC, KIM, KIG, and KIGH may be deemed to beneficially own the Public Shares held by Spring Creek by virtue of (i) Koch Industries' beneficial ownership of KIGH, (ii) KIGH's beneficial ownership of KIG, (iii) KIG's beneficial ownership of KIM, (iv) KIM's beneficial ownership of SCC and (v) SCC's beneficial ownership of Spring Creek.
Footnote F3
On March 28, 2022, the Issuer issued and sold to Wood River Capital, LLC ("Wood River") 1,791,986 Public Shares, at a price of $27.902 per share, for an aggregate purchase price of approximately $50.0 million, pursuant to the terms of the Securities Purchase Agreement dated February 15, 2022.
Footnote F4
Wood River is beneficially owned by SCC, SCC is beneficially owned by KIM, KIM is beneficially owned by KIG, KIG is beneficially owned by KIGH, and KIGH is beneficially owned by Koch Industries, in each case by means of ownership of all voting equity instruments. Koch Industries, SCC, KIM, KIG, and KIGH may be deemed to beneficially own the Public Shares beneficially owned by Wood River by virtue of (i) Koch Industries' beneficial ownership of KIGH, (ii) KIGH's beneficial ownership of KIG, (iii) KIG's beneficial ownership of KIM, (iv) KIM's beneficial ownership of SCC and (v) SCC's beneficial ownership of Wood River.