Cecil Ray Thompson JR - Dec 4, 2021 Form 4 Insider Report for Akerna Corp. (KERN)

Role: Chief Operating Officer, 10%+ Owner
Signature: /s/ John Michael Fowle Jr., as attorney-in-fact for Cecil Ray Thompson JR
Stock symbol: KERN
Transactions as of: Dec 4, 2021
Transactions value $: $40
Form type: 4
Date filed: 1/14/2022, 02:22 PM
Previous filing: Jan 14, 2022
Next filing: Apr 8, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KERN	Common Shares	Purchase	$1K	+465	+0.95%	$2.15	49.7K	Dec 4, 2021	Direct
transaction	KERN	Common Shares	Purchase	$1.5K	+655	+1.32%	$2.29	50.3K	Dec 4, 2021	Direct
transaction	KERN	Common Shares	Options Exercise		+5K	+9.94%		55.3K	Dec 21, 2021	Direct	F1
transaction	KERN	Common Shares	Tax liability	-$2.46K	-1.23K	-2.22%	$2.00	54.1K	Dec 21, 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	-5K	-25%	$0.00	15K	Dec 21, 2021	Common Shares	5K		Direct	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 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.