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