0001553350-20-000498.txt : 20200529 0001553350-20-000498.hdr.sgml : 20200529 20200529162509 ACCESSION NUMBER: 0001553350-20-000498 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200527 FILED AS OF DATE: 20200529 DATE AS OF CHANGE: 20200529 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Wendolowski Gerard CENTRAL INDEX KEY: 0001601803 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38175 FILM NUMBER: 20928270 MAIL ADDRESS: STREET 1: 720 SOUTH COLORADO BOULEVARD STREET 2: SUITE 1150N CITY: DENVER STATE: CO ZIP: 80246 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 wendolowski4.xml OWNERSHIP DOCUMENT X0306 4 2020-05-27 0 0001487198 ASPEN GROUP, INC. ASPU 0001601803 Wendolowski Gerard 276 FIFTH AVENUE SUITE 505 NEW YORK NY 10001 0 1 0 0 Chief Operating Officer Common Stock 2020-05-27 4 M 0 27015 1.992 A 44886 D Common Stock 2020-05-27 4 S 0 27015 8.5108 D 17871 D Common Stock 2020-05-28 4 M 0 5912 1.992 A 23783 D Common Stock 2020-05-28 4 S 0 5912 8.5062 D 17871 D Stock Options (Right to Buy) 1.992 2020-05-27 4 M 0 27015 0 D 2016-06-23 2021-06-23 Common Stock 27015 0 D Stock Options (Right to Buy) 1.992 2020-05-28 4 M 0 5912 0 D 2016-06-23 2021-06-23 Common Stock 5912 0 D The stock option exercise and the sales reported on this Form 4 were affected by a broker-dealer pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person during an open window period. The exercise exempt from Section 16(b) under the Securities Exchange Act of 1934 by virtue of Rule 16b-6. The shares were sold in part to pay the exercise price and federal, state and local income taxes incurred from the exercise of stock options. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $8.50 to $8.54, 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 footnote (3) to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $8.50 to $8.55, 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 footnote (4) to this Form 4. /s/ Gerard Wendolowski 2020-05-29