SEC Form 4 · accession 0001562180-19-000542
Akoustis Technologies, Inc. · AKTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth Boller
Officer — Interim CFO
Period of report
Jan 24, 2019
Accepted (ET)
Jan 28, 2019 · 5:15 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001584754
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Jan 24, 2019 | S | 1,600 | $6.97 | D | 31,400 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These transactions were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person, and the shares were sold in order to cover the reporting person's tax liability incurred in connection with a vesting of restricted stock units which settled on January 24, 2019.
- F2The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.89 to $7.07, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.