Jeffrey B. Shealy - 17 Dec 2021 Form 4 Insider Report for Akoustis Technologies, Inc.

Role: Chief Executive Officer, Director
Signature: /s/Jeffrey B. Shealy by Andrew Wright, attorney-in-fact
Issuer symbol: N/A
Transactions as of: 17 Dec 2021
Net transactions value: -$97,635
Form type: 4
Filing time: 21 Dec 2021, 16:00:41 UTC
Previous filing: 10 Sep 2021
Next filing: 14 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AKTS	Common Stock	Sale	$97,635	-13,928	-3%	$7.01	452,592	17 Dec 2021	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	These transactions were effected in order to cover the reporting person's tax liability incurred in connection with the vesting of restricted stock units on August 28, 2021, September 27, 2021, November 27, 2021, and December 20, 2021, and incurred in connection with these transactions.
F2	The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.01 to $7.04, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Content

These transactions were effected in order to cover the reporting person's tax liability incurred in connection with the vesting of restricted stock units on August 28, 2021, September 27, 2021, November 27, 2021, and December 20, 2021, and incurred in connection with these transactions.

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.01 to $7.04, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.