0001553350-20-000953.txt : 20201028 0001553350-20-000953.hdr.sgml : 20201028 20201028164736 ACCESSION NUMBER: 0001553350-20-000953 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20201026 FILED AS OF DATE: 20201028 DATE AS OF CHANGE: 20201028 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Mathews Michael CENTRAL INDEX KEY: 0001469394 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38175 FILM NUMBER: 201269252 MAIL ADDRESS: STREET 1: 257 PARK AVENUE SOUTH STREET 2: SUITE 602 CITY: NEW YORK STATE: NY ZIP: 10010 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 mathews4.xml OWNERSHIP DOCUMENT X0306 4 2020-10-26 0 0001487198 ASPEN GROUP, INC. ASPU 0001469394 Mathews Michael 276 FIFTH AVENUE SUITE 505 NEW YORK NY 10001 1 1 0 0 Chief Executive Officer Common Stock 2020-10-26 4 M 0 8026 2.28 A 837535 D Common Stock 2020-10-26 4 M 0 4630 2.28 A 842165 D Common Stock 2020-10-26 4 F 0 2622 11.0037 D 839543 D Common Stock 2020-10-26 4 F 0 4455 11.0037 D 835088 D Common Stock 8334 I Held in trust Stock Options (Right to Buy) 2.28 2020-10-26 4 M 0 8026 0 D 2012-10-23 2020-11-23 Common Stock 8026 0 D Stock Options (Right to Buy) 2.28 2020-10-26 4 M 0 4630 0 D 2012-10-23 2020-11-23 Common Stock 4630 0 D During an open window period under the Issuer's Insider Trading Plan, the Reporting Person submitted a cashless exercise notice which would become effective following the date that certain stock options vested. Following such vesting, the stock options were cashlessly exercised. The exercise of the stock options was exempt under Rule 16b-6 and the right of the Reporting Person to direct that the shares be withheld in payment of the exercise price and applicable taxes was both approved in advance by the Executive Committee of the Issuer's Board of Directors, which is comprised of only non-employee directors, and by the full Board of Directors in accordance with Rule 16b-3(d). Represents shares surrendered in payment of the exercise price due for each stock option. Represents shares surrendered in payment of the applicable taxes arising from the exercise of each stock option. /s/ Michael Mathews 2020-10-28