Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ASPU | Common Stock | Award | $0 | +125K | $0.00 | 125K | Aug 16, 2021 | Direct | F1 |
Id | Content |
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F1 | Represents restricted stock units granted pursuant to the Employment Agreement, effective August 16, 2021, between the Issuer and the Reporting Person. 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 Executive Committee 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 16, 2022, subject to continued employment with the Issuer on each applicable vesting date. |