AI assistant
American Bitcoin Corp. — Director's Dealing 2019
Oct 10, 2019
30919_dirs_2019-10-09_2eca075c-f6b1-41f3-b401-a69704baa02d.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Akerna Corp. (KERN)
CIK: 0001755953
Period of Report: 2019-10-07
Reporting Person: Shah Ashesh C (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-10-07 | Restricted Stock Units | $ | A | 169 | Acquired | Common Stock, par value $0.0001 (169) | Direct |
Footnotes
F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of Akerna Corp. (the "Company"). The Company may also elect to settle the vested RSUs in cash or stock, in the Company's its sole discretion.
F2: Mr. Shah was granted 169 RSUs under the Akerna Corp. 2019 Long Term Incentive Plan, as amended (the "Plan"). The RSUs will vest as follows: 57 shall vest on December 31, 2019; 56 shall vest on March 31, 2020; and 56 shall vest on June 30, 2020; provided that the RSUs shall vest immediately upon a Change in Control. Subject to Mr. Shah's continued employment with the Company, the RSUs shall be settled on the final vesting date. All capitalized but undefined terms have the meanings ascribed thereto by the Plan.