4/A//SEC Filing
Kane Matthew Ryan 4/A
Accession 0001567619-22-008057
CIK 0001755953other
Filed
Apr 4, 8:00 PM ET
Accepted
Apr 5, 11:54 AM ET
Size
8.9 KB
Accession
0001567619-22-008057
Insider Transaction Report
Form 4/AAmended
Akerna Corp.KERN
Kane Matthew Ryan
Director
Transactions
- Other
Common Shares
2019-09-18−108,900→ 261,340 total(indirect: By LLC) - Award
Restricted Stock Units
2019-10-07+532→ 532 total→ Common Stock, par value $0.0001 (532 underlying)
Footnotes (5)
- [F1]Represents the liquidating distribution of all of the shares of common stock of the Company held by Jud Wiebe Fund, LLC to its underlying beneficial owners. Mr. Kane was the manager of Jud Wiebe Fund, LLC and had voting and dispositive control with respect to the common stock owned by Jud Wiebe Fund, LLC prior to the liquidating distribution of such shares. Mr. Kane disclaims beneficial ownership in the shares of common stock except to the extent of his pecuniary interest therein.
- [F2]Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of Akerna Corp. (the "Company"). The Company may also elect to settle the vested RSUs in cash or stock, in the Company's sole discretion.
- [F3]Mr. Kane was granted 532 RSUs under the Akerna Corp. 2019 Long Term Incentive Plan (the "Plan"). The RSUs will vest as follows: 133 of the RSUs vested immediately on October 7, 2019; 133 shall vest on December 31, 2019; 133 shall vest on March 31, 2020; and 133 shall vest on June 30, 2020; provided that the RSUs shall vest immediately upon a Change in Control. Subject to Mr. Kane's continued employment with the Company, the RSUs shall be settled on the final vesting date. All capitalized but undefined terms have the meanings ascribed thereto by the Plan.
- [F4]Mr. Kane is the manager of Seam Capital, LLC and has voting and dispositive control with respect to the common stock owned by Seam Capital, LLC. Mr. Kane disclaims beneficial ownership in the shares of common stock except to the extent of his pecuniary interest therein.
- [F5]This amendment is being filed to correct the total non-derivative securities held following the 9/18/2019 transaction, erroneously reported on the original Form 4 filed 10/9/2019.
Documents
Issuer
Akerna Corp.
CIK 0001755953
Entity typeother
Related Parties
1- filerCIK 0001780327
Filing Metadata
- Form type
- 4/A
- Filed
- Apr 4, 8:00 PM ET
- Accepted
- Apr 5, 11:54 AM ET
- Size
- 8.9 KB