Form 4 for ASPN ASPEN AEROGELS INC
Accepted 2025-03-07 00:00:00 ET · period of report 2025-03-05 · accession 0000950170-25-035606 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-03-07 | 2025-03-05 | ASPN | Johnson Virginia | CLO, GC, CCO, Sec | F - Tax | $7.84 | -936 | 26.2K | -3% | -$7,338 |
| D | 2025-03-07 | 2025-03-05 | ASPN | Johnson Virginia | CLO, GC, CCO, Sec | A - Grant | $0.00 | +26.3K | 52.5K | +100% | $0 |
| DM | 2025-03-07 | 2025-03-05 | ASPN | Johnson Virginia | CLO, GC, CCO, Sec | A - Grant | $0.00 | +90.4K | 37.8K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-03-05 | F | D | 936 | $7.84 | 26,196 | D | — | — | (F1) Shares withheld by Registrant to satisfy the minimum statutory tax withholding requirements on vesting of Restricted Stock Units ("RSUs"). |
| 2 | Common | Common Stock | 2025-03-05 | A | A | 26,307 | $0.00 | 52,503 | D | — | — | (F2) 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 March 5, 2026, an additional one-third of the shares on March 5, 2027 and the remaining one-third of the shares on March 5, 2028. (F3) Represents 7,843 shares of Common Stock and 44,660 RSUs. |
| 3 | Derivative | Performance Share Units | 2025-03-05 | A | A | 52,614 | $0.00 | 52,614 | D | — · 2028-03-05 to — | 52,614 Common Stock | (F5) Each performance share unit ("PSU") represents a contingent right to receive one share of Common Stock upon vesting. The PSUs vest on March 5, 2028, following the completion of the performance period, which begins on January 1, 2025 and ends on December 31, 2027. Ranging between 0-200% of the target number of PSUs (as reflected in Table II above), the PSUs vest based on the total shareholder return of Common Stock relative to the total stockholder return of the components of the Russell 2000 Index. |
| 4 | Derivative | Stock Options (Right to Buy) | 2025-03-05 | A | A | 37,804 | $0.00 | 37,804 | D | $7.84 · — to 2035-03-05 | 37,804 Common Stock | (F4) The options vest as to one-third of the shares on March 5, 2026, an additional one-third of the shares on March 5, 2027 and the remaining one-third of the shares on March 5, 2028. |