Other Information.
−Removed: During the fiscal quarter ended September 30, 2023, none of our directors or executive officers adopted , modified or terminated any contract, instruction or written plan for the purchase or sale of our securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) or any “non-Rule 10b5-1 trading arrangement.”
−Removed: Employment Offer Letter, dated August 23, 2023, by and between the Company and Santhosh Daniel.
−Removed: First Amendment, dated September 28, 2023, to the Loan Agreement, dated November 28, 2022, by and among the Company, Aspen Aerogels Georgia, LLC, Aspen Aerogels Rhode Island, LLC and General Motors Holdings LLC.
−Removed: Aspen Aerogels, Inc.
−Removed: Bonus Plan (Amended and Restated Effective as of January 1, 2024).
−Removed: Executive Employment Agreement, dated September 5, 2023, by and between the Company and Stephanie Pittman.
−Removed: Separation Agreement, dated September 5, 2023, by and between the Company and Kelley Conte.
−Removed: Consulting Agreement, dated September 5, 2023, by and between the Company and Kelley Conte.
+Added: On February 26, 2024 , Donald R.
+Added: Young , our President, Chief Executive Officer , and member of our board of directors, adopted a trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act.
+Added: The plan provides for the sale of up to 691,124 shares at specific market prices, subject to specified limitations, during pre-determined sale periods.
+Added: The plan was established for the purposes of facilitating the exercise and subsequent sale of stock options with a ten-year contractual life that are due to expire between September 2024 and December 2025 (the “Options”), by facilitating the sale of shares solely to raise sufficient proceeds to cover the exercise cost and taxes associated with the exercise of the Options.
+Added: The plan expires on the earlier of (i) the date all of the shares under the plan have been sold and (ii) December 11, 2025 .
+Added: Except as disclosed above, none of our directors or executive officers adopted , modified or terminated any contract, instruction or written plan for the purchase or sale of our securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) or any “non-Rule 10b5-1 trading arrangement” as such term is defined in Item 408(a) of Regulation S-K, during the fiscal quarter ended March 31, 2024 .
+Added: SEIG Award Cancellation Agreement, dated March 6, 2024 (Donald R.
+Added: Young) (incorporated by reference to Exhibit 10.1 of the Registrant’s Form 8-K, filed on March 7, 2024).
+Added: Form of SEIG Award Cancellation Agreement, dated March 6, 2024 (other employees) (incorporated by reference to Exhibit 10.2 of the Registrant’s Form 8-K, filed on March 7, 2024).
Certification of principal executive officer under Section 302(a) of the Sarbanes-Oxley Act of 2002.
11 unchanged sentences
ASPEN AEROGELS, INC.
−Removed: November 2, 2023
/s/ Donald R.
1 unchanged sentence
(principal executive officer)
−Removed: November 2, 2023
/s/ Ricardo C.
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.