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American Bitcoin Corp. Director's Dealing 2019

Oct 7, 2019

30919_dirs_2019-10-07_5f2af981-ebd0-49e0-ba35-c47bbed4bf82.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Akerna Corp. (KERN)
CIK: 0001755953
Period of Report: 2019-10-07

Reporting Person: Simosko Nina (Chief Revenue Officer)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-10-07 Restricted Stock Units $ A 125156 Acquired Common Stock, par value $0.0001 (125156) 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 for cash at its discretion.

F2: Ms. Simosko was granted 125,156 RSUs under the Akerna Corp. 2019 Long Term Incentive Plan (the "Plan"), which vest as follows: 31,379 shares shall vest on October 7, 2020; 31,379 shares shall vest on October 7, 2021; 31,379 shares shall vest on October 7, 2022; and 31,379 shares shall vest on October 7, 2023; provided that (i) the RSUs shall vest immediately upon a Change in Control, and (ii) 33% of the unvested RSUs shall vest immediately on the date that Ms. Simosko is terminated without cause or by her with good reason. Subject to Ms. Simosko's continued employment with the Company, the shares of common stock deliverable upon vesting of the RSUs shall be delivered on October 7, 2023. All capitalized but undefined terms have the meanings ascribed thereto by the Plan.