David R. McCullough - Aug 20, 2020 Form 3/A - Amendment Insider Report for Akerna Corp. (KERN)

Role: Chief Technology Officer
Signature: /s/ John Michael Fowle jr. as attorneyp-in-fact for David R. McCullough
Stock symbol: KERN
Transactions as of: Aug 20, 2020
Transactions value $: $0
Form type: 3/A - Amendment
Date filed: 4/8/2022, 02:57 PM
Date Of Original Report: Aug 20, 2020
Next filing: Apr 8, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	KERN	Common Shares						21.4K	Aug 20, 2020	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
holding	KERN	Restricted Stock							Aug 20, 2020	Common Stock	3.34K		Direct	F1, F2
holding	KERN	Restricted Stock							Aug 20, 2020	Common Stock	3.34K		Direct	F1, F3
holding	KERN	Restricted Stock Units							Aug 20, 2020	Common Stock	8K		Direct	F4, F6
holding	KERN	Restricted Stock							Aug 20, 2020	Common Stock	20K		Direct	F1, F5

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

Explanation of Responses:

Id	Content
F1	Each share of Restricted Stock ("RS") represents a contingent right to receive one share of common stock of the Issuer. The Issuer may elect to settle the vested RS in cash or stock at the Issuer's sole discretion.
F2	Represents 3,340 unvested RS granted to Mr. McCullough subject to the terms of a restricted stock agreement. The RS vests on January 1, 2020.
F3	Represents 3,340 unvested RS granted to Mr. McCullough subject to the terms of a restricted stock agreement. The RS vests as follows: 1,670 shares on January 1, 2020; 1,670 shares on January 1, 2021.
F4	Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of the Issuer. The Issuer may elect to settle the vested RSUs in cash or stock, in the Issuer's sole discretion.
F5	Mr. McCullough was granted 8,000 RSUs on October 17, 2019 under the Akerna Corp 2019 Long Term Incentive Plan (the "Plan"). The RSUs vest as follows: 2,000 on July 1, 2020; 2,000 on July 1, 2021; 2,000 on July 1, 2022; and 2,000 on July 1, 2023.
F6	Represents 20,037 unvested RS granted to Mr. McCullough subject to the terms of a restricted stock agreement. The RS vests as follows: 6,679 shares on January 1, 2020; 6,679 shares on January 1, 2021; and 6,679 shares on January 1, 2022.