0001553350-18-001349.txt : 20181217 0001553350-18-001349.hdr.sgml : 20181217 20181217161546 ACCESSION NUMBER: 0001553350-18-001349 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20181213 FILED AS OF DATE: 20181217 DATE AS OF CHANGE: 20181217 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Sevely Joseph L. CENTRAL INDEX KEY: 0001497170 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38175 FILM NUMBER: 181238303 MAIL ADDRESS: STREET 1: C/O RIVUS BOND FUND STREET 2: 113 KING STREET CITY: ARMONK STATE: NY ZIP: 10504 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 306 CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: (212) 477-1210 MAIL ADDRESS: STREET 1: 276 FIFTH AVENUE STREET 2: SUITE 306 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 2018-12-13 0 0001487198 ASPEN GROUP, INC. ASPU 0001497170 Sevely Joseph L. 276 FIFTH AVENUE SUITE 306 NEW YORK NY 10001 0 1 0 0 Chief Financial Officer Stock Options (Right to Buy) 7.17 2018-12-13 4 A 0 180000 A 2018-12-13 2023-09-10 Common Stock 180000 180000 D Pursuant to the Employment Agreement between the Issuer and the Reporting Person, the stock options will vest annually over a three-year period with the first vesting date being September 10, 2019, subject to continued employment on each applicable vesting date. The option grant was approved by the Issuer's board of directors in September 2018, subject to shareholder approval of the 2018 Equity Incentive Plan (the "Plan") under which the options were granted. The Issuer's shareholders approved the Plan at the annual shareholders' meeting held on December 13, 2018. /s/ Joseph Sevely 2018-12-17