John Michael Fowle Jr. - 21 Dec 2021 Form 4 Insider Report for Akerna Corp. (GRYP)

Role
CFO
Signature
/s/ John Michael Fowle Jr.
Issuer symbol
GRYP
Transactions as of
21 Dec 2021
Net transactions value
-$19,274
Form type
4
Filing time
11 Jan 2022, 10:38:31 UTC
Previous filing
11 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KERN Common Shares Options Exercise +18,182 +116% 33,842 21 Dec 2021 Direct F1, F2
transaction KERN Common Shares Options Exercise +5,000 +15% 38,842 21 Dec 2021 Direct F2, F3
transaction KERN Common Shares Tax liability $19,274 -9,637 -25% $2.00 29,205 21 Dec 2021 Direct

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 KERN Restricted Stock Units Options Exercise $0 -18,182 -33% $0.000000 36,363 21 Dec 2021 Common Shares 18,182 Direct F1, F2
transaction KERN Restricted Stock Units Options Exercise $0 -5,000 -25% $0.000000 15,000 21 Dec 2021 Common Shares 5,000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units were granted on December 17, 2019, and vest as follows: 18,182 on December 17, 2020; 18,182 on December 17, 2021; 18,182 on December 17, 2022; and 18,181 on December 17, 2023. Settlement of vested RSUs will occur as soon as administratively feasible following the applicable vesting date.
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 April 26, 2021, and vest as follows: 1/4 on December 1, 2021; 1/4 on December 1, 2022; 1/4 on December 1, 2023; and 1/4 on December 1, 2024. Settlement of vested RSUs will occur as soon as administratively feasible following the applicable vesting date.