Cecil Ray Thompson Jr. - 26 Apr 2021 Form 4 Insider Report for Akerna Corp. (GRYP)

Role: Chief Operating Officer, 10%+ Owner
Signature: /s/ John Michael Fowle Jr. as attorney-in-fact for Cecil Ray Thompson JR
Issuer symbol: GRYP
Transactions as of: 26 Apr 2021
Net transactions value: -$26,753
Form type: 4
Filing time: 14 Jan 2022, 14:21:20 UTC
Previous filing: 14 Jan 2022
Next filing: 14 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KERN	Common Shares	Options Exercise		+2,500	+6.8%		39,369	04 Aug 2021	Direct	F1
transaction	KERN	Common Shares	Options Exercise		+6,679	+17%		46,048	04 Aug 2021	Direct	F1
transaction	KERN	Common Shares	Options Exercise		+6,250	+14%		52,298	04 Aug 2021	Direct	F1
transaction	KERN	Common Shares	Options Exercise		+5,000	+9.6%		57,298	04 Aug 2021	Direct	F1
transaction	KERN	Common Shares	Tax liability	$26,753	-8,107	-14%	$3.30^*	49,191	04 Aug 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	Award	$0	+20,000		$0.000000	20,000	26 Apr 2021	Common Shares	20,000		Direct	F1, F2
transaction	KERN	Restricted Stock Units	Options Exercise	$0	-2,500	-33%	$0.000000	5,000	04 Aug 2021	Common Shares	2,500		Direct	F1, F3
transaction	KERN	Restricted Stock Units	Options Exercise	$0	-6,679	-33%	$0.000000	13,358	04 Aug 2021	Common Shares	6,679		Direct	F1, F4
transaction	KERN	Restricted Stock Units	Options Exercise	$0	-6,250	-33%	$0.000000	12,500	04 Aug 2021	Common Shares	6,250		Direct	F1, F5
transaction	KERN	Restricted Stock Units	Options Exercise	$0	-5,000	-25%	$0.000000	15,000	04 Aug 2021	Common Shares	5,000		Direct	F1, F6

* 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 the Issuer's common stock.
F2	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; provided that the RSUs shall vest immediately upon a change in control. Settlement of vested RSUs will occur as soon as administratively feasible following the applicable vesting date.
F3	The restricted stock units were granted on October 17, 2019, and vest as follows: 1/4 on January 1, 2020; 1/4 on January 1, 2021; 1/4 on January 1, 2022; and 1/4 on January 1, 2023; provided that the RSUs shall vest immediately upon a change in control. Settlement of vested RSUs will occur as soon as administratively feasible following the applicable vesting date.
F4	The restricted stock units were granted on October 24, 2019, and vest as follows: 1/4 on January 1, 2020; 1/4 on January 1, 2021; 1/4 on January 1, 2022; and 1/2 on January 1, 2023; provided that the RSUs shall vest immediately upon a change in control. Settlement of vested RSUs will occur as soon as administratively feasible following the applicable vesting date.
F5	The restricted stock units were granted on January 28, 2020, and vest as follows: 1/4 on January 1 2020; 1/4 on January 1, 2021; 1/4 on January 1, 2022; and 1/4 on January 1, 2023; provided that the RSUs shall vest immediately upon a change in control. Settlement of vested RSUs will occur as soon as administratively feasible following the applicable vesting date.
F6	The restricted stock units were granted on September 4, 2020 and vest as follows: 1/4 on July 1, 2021; 1/4 on July 1, 2022; 1/4 on July 1, 2023; and 1/4 on July 1, 2024; provided that the RSUs shall vest immediately upon a change in control. Settlement of vested RSUs will occur as soon as administratively feasible following the applicable vesting date.