Robert Alessi - Oct 14, 2021 Form 4 Insider Report for ASPEN GROUP, INC. (ASPU)

Role: Chief Accounting Officer
Signature: /s/ Robert Alessi
Stock symbol: ASPU
Transactions as of: Oct 14, 2021
Transactions value $: -$17,371
Form type: 4
Date filed: 10/15/2021, 05:13 PM
Next filing: Dec 21, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ASPU	Common Stock	Sale	-$17.4K	-3.15K	-5.67%	$5.52^*	52.4K	Oct 14, 2021	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold to cover tax obligations resulting from the vesting of restricted stock units. The shares were sold in multiple transactions at prices ranging from $5.52 to $5.53, inclusive. The Reporting Person undertakes to provide to Aspen Group, Inc., any security holder of Aspen Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.
F2	Includes 13,333 shares of common stock issuable upon vesting of restricted stock units previously granted on December 1, 2019; 13,333 shares of common stock issuable upon vesting of restricted stock units previously granted on August 12, 2020; and 15,000 shares of common stock issuable upon vesting of restricted stock units previously granted on January 6, 2021. It also includes 6,667 shares of common stock acquired from vested restricted stock units previously granted on August 12, 2020.

Content

The price reported in Column 4 is a weighted average price. These shares were sold to cover tax obligations resulting from the vesting of restricted stock units. The shares were sold in multiple transactions at prices ranging from $5.52 to $5.53, inclusive. The Reporting Person undertakes to provide to Aspen Group, Inc., any security holder of Aspen Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.

Includes 13,333 shares of common stock issuable upon vesting of restricted stock units previously granted on December 1, 2019; 13,333 shares of common stock issuable upon vesting of restricted stock units previously granted on August 12, 2020; and 15,000 shares of common stock issuable upon vesting of restricted stock units previously granted on January 6, 2021. It also includes 6,667 shares of common stock acquired from vested restricted stock units previously granted on August 12, 2020.