Thompson Cecil Ray JR 4
4 · Akerna Corp. · Filed Dec 7, 2022
Insider Transaction Report
Form 4
Akerna Corp.KERN
Thompson Cecil Ray JR
Chief Operations Officer10% Owner
Transactions
- Exercise/Conversion
Common Shares
2022-10-21+125→ 3,255 total - Exercise/Conversion
Common Shares
2022-10-21+250→ 3,505 total - Exercise/Conversion
Restricted Stock Units
2022-10-21−125→ 125 total→ Common Shares (125 underlying) - Exercise/Conversion
Restricted Stock Units
2022-10-21−250→ 500 total→ Common Shares (250 underlying)
Footnotes (4)
- [F1]The transactions and totals reported herein reflect the Issuer's 20:1 reverse stock split effective as of November 8, 2022.
- [F2]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- [F3]The restricted stock units were granted on October 17, 2019, and vest as follows: one-fourth on January 1, 2020; one-fourth on January 1, 2021; one-fourth on January 1, 2022; and one-fourth 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 restricted stock units were granted on September 4, 2020 and vest as follows: one-fourth on July 1, 2021; one-fourth on July 1, 2022; one-fourth on July 1, 2023; and one-fourth on July 1, 2024; 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.