Anthony M. Barkett - Mar 31, 2023 Form 4 Insider Report for Amesite Inc. (AMST)

Role
Director
Signature
/s/ Sherrie Farrell, Attorney-in-Fact
Stock symbol
AMST
Transactions as of
Mar 31, 2023
Transactions value $
$0
Form type
4
Date filed
4/4/2023, 09:51 PM
Previous filing
Jan 5, 2023
Next filing
Jul 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 +4.6K +33.34% $0.00 18.4K Mar 31, 2023 Common Stock 4.6K Direct F1, F2, F3
* 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.
F3 On February 21, 2023, a 1-for-12 reverse stock split of the common stock of AMST was effected, resulting in the reporting person's ownership of one-twelfth (1/12) of the number of RSUs owned prior to such reverse stock split.