Form Type: 4

SEC EDGAR Link
Accession Number:0001553350-21-000700
Date:2021-08-16
Issuer: ASPEN GROUP, INC. (ASPU)
Original Submission Date:

Reporting Person:

LAVAY MATTHEW
276 FIFTH AVENUE
SUITE 505 NEW YORK, NY 10001

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2021-08-16 A 125,000 a $0.00 125,000 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
Footnotes
IDfootnote
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.

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