Jessica Billingsley - Oct 21, 2022 Form 4 Insider Report for Akerna Corp. (KERN)

Role
Chairman and CEO, Director, 10%+ Owner
Signature
/s/ Jessica Billingsley
Stock symbol
KERN
Transactions as of
Oct 21, 2022
Transactions value $
$0
Form type
4
Date filed
12/2/2022, 11:10 AM
Previous filing
Dec 2, 2022
Next filing
Jul 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KERN Common Shares Options Exercise +125 +2% 6.37K Oct 21, 2022 Direct F1, F2
transaction KERN Common Shares Options Exercise +250 +3.93% 6.62K Oct 21, 2022 Direct F1, F2
holding KERN Common Shares 53.9K Oct 21, 2022 Jessica Billingsley Living Trust F1, F5

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 -125 -50% $0.00 125 Oct 21, 2022 Common Shares 125 Direct F1, F2, F3
transaction KERN Restricted Stock Units Options Exercise $0 -250 -33.33% $0.00 500 Oct 21, 2022 Common Shares 250 Direct F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions and totals reported herein reflect the Issuer's 20:1 reverse stock split effective as of November 8, 2022.
F2 Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F3 The RSUs were granted on October 19, 2019, and vest as follows: one-fourth on July 1, 2020; one-fourth on July 1, 2021;one-fourth on July 1, 2022; and one-fourth on July 1, 2023. Settlement of vested RSUs will occur as soon as administratively feasible following the applicable vesting date. (Note: These RSUs were previously reported in Table II with a grant date of February 20, 2020.)
F4 The RSUs were granted on September 4, 2020, and vest as follows: one-fourth on July 1, 2021; one-fourth on July 1, 2022; one-fourth on July 1, 2023; and one-fourth on July 1, 2024. Settlement of vested RSUs will occur as soon as administratively feasible following the applicable vesting date.
F5 The reporting person is the trustee of the Jessica Billingsley Living Trust (the "Trust") and has voting and investment discretion with respect to the shares of common stock held of record by the Trust. The reporting person may have or share beneficial ownership of such shares.