Thompson Cecil Ray JR 4
4 · Akerna Corp. · Filed Apr 8, 2022
Insider Transaction Report
Form 4
Akerna Corp.KERN
Thompson Cecil Ray JR
Chief Operations Officer10% Owner
Transactions
- Exercise/Conversion
Common Shares
2022-02-18+6,679→ 60,760 total - Tax Payment
Common Shares
2022-02-18−4,421→ 62,589 total - Exercise/Conversion
Restricted Stock Units
2022-02-18−6,250→ 6,250 total→ Common Shares (6,250 underlying) - Exercise/Conversion
Common Shares
2022-02-18+6,250→ 67,020 total - Exercise/Conversion
Restricted Stock Units
2022-02-18−6,679→ 6,679 total→ Common Shares (6,679 underlying)
Footnotes (4)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- [F2]Represents shares withheld for tax purposes on settlement of RSUs.
- [F3]The RSUs were granted on October 14, 2019, and vest as follows: 1/4 on January 1, 2020; 1/4 on January 1, 2021; 1/4 on January 1, 2022; and 1/4 on January 1, 2023; provided that the RSUs shall vest immediately upon a change in control. Settlement of vested RSUs will occur as soon as administratively feasible following the applicable vesting date.
- [F4]The RSUs were granted on January 18, 2020, and vest as follows: 1/4 on January 1, 2020; 1/4 on January 1, 2021; 1/4 on January 1, 2022; and 1/4 on January 1, 2023; provided that the RSUs shall vest immediately upon a change in control. Settlement of vested RSUs will occur as soon as administratively feasible following the applicable vesting date.