J. Michael Losh - Sep 30, 2022 Form 4 Insider Report for Amesite Inc. (AMST)

Role: Director
Signature: /s/ J. Michael Losh
Stock symbol: AMST
Transactions as of: Sep 30, 2022
Transactions value $: $0
Form type: 4
Date filed: 10/3/2022, 04:10 PM
Previous filing: Jul 5, 2022
Next filing: Jan 5, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	AMST	Restricted Stock Units	Award	$0	+60.2K	+105.63%	$0.00	117K	Sep 30, 2022	Common Stock	60.2K		J. Michael Losh Irrevocable Qualified Annuity Trust #7	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") represents a contingent right to receive one share of AMST common stock and/or the cash equivalent of such share.
F2	The reported securities were issued as "deferred stock units" in lieu of cash compensation earned for services as a director, and the number of deferred stock units received was calculated based on the closing share price on the last day of the quarter. The deferred stock units or cash equivalent will be issued to the reporting person upon completion of service as a member of the board of directors or, if earlier, a change in control.

Content

Each restricted stock unit ("RSU") represents a contingent right to receive one share of AMST common stock and/or the cash equivalent of such share.

The reported securities were issued as "deferred stock units" in lieu of cash compensation earned for services as a director, and the number of deferred stock units received was calculated based on the closing share price on the last day of the quarter. The deferred stock units or cash equivalent will be issued to the reporting person upon completion of service as a member of the board of directors or, if earlier, a change in control.