0001553350-20-001067.txt : 20201203
0001553350-20-001067.hdr.sgml : 20201203
20201203160133
ACCESSION NUMBER: 0001553350-20-001067
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20201201
FILED AS OF DATE: 20201203
DATE AS OF CHANGE: 20201203
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: COTRONEO FRANK J
CENTRAL INDEX KEY: 0001207351
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38175
FILM NUMBER: 201366907
MAIL ADDRESS:
STREET 1: 4400 MAIN ST
CITY: KANSAS CITY
STATE: MO
ZIP: 64111
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ASPEN GROUP, INC.
CENTRAL INDEX KEY: 0001487198
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EDUCATIONAL SERVICES [8200]
IRS NUMBER: 271933597
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0430
BUSINESS ADDRESS:
STREET 1: 276 FIFTH AVENUE
STREET 2: SUITE 505
CITY: NEW YORK
STATE: NY
ZIP: 10001
BUSINESS PHONE: 646-448-5144
MAIL ADDRESS:
STREET 1: 276 FIFTH AVENUE
STREET 2: SUITE 505
CITY: NEW YORK
STATE: NY
ZIP: 10001
FORMER COMPANY:
FORMER CONFORMED NAME: Elite Nutritional Brands, Inc.
DATE OF NAME CHANGE: 20111011
FORMER COMPANY:
FORMER CONFORMED NAME: Hidden Ladder, Inc.
DATE OF NAME CHANGE: 20100315
4
1
ownership.xml
X0306
4
2020-12-01
0
0001487198
ASPEN GROUP, INC.
ASPU
0001207351
COTRONEO FRANK J
276 FIFTH AVENUE
SUITE 505
NEW YORK
NY
10001
1
1
0
0
Chief Financial Officer
Common Stock
2020-12-01
4
M
0
33333
A
54106
D
Common Stock
2020-12-01
4
F
0
13233
D
40873
D
Restricted Stock Units
2020-12-01
4
M
0
33333
0
D
Common Stock
33333
66667
D
Represents shares of common stock to be issued upon the vesting of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's common stock.
The shares were surrendered upon vesting to pay the Reporting Person's estimated applicable federal, state and local income taxes, social security taxes and the additional Medicare surtax. The transactions were exempt from Section 16(b) under the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder as they were pre-approved by the executive committee of the board of directors of the Issuer.
The RSUs were granted on December 1, 2019 and vest in three equal annual increments, with the first vesting occurring one year from the grant date, subject to continued service with the Company on each applicable vesting date.
/s/ Frank J. Cotroneo
2020-12-03