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

Role
Director
Signature
/s/ Sherrie Farrell, Attorney-in-Fact
Stock symbol
AMST
Transactions as of
Dec 30, 2022
Transactions value $
$0
Form type
4
Date filed
1/5/2023, 05:17 AM
Previous filing
Oct 3, 2022
Next filing
Apr 4, 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 +82.9K +70.74% $0.00 200K Dec 30, 2022 Common Stock 82.9K 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.

Remarks:

Exhibit 24.1 Power of Attorney