SEC Form 4 · accession 0001615774-17-007574
Akoustis Technologies, Inc. · AKTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey B. Shealy
Officer — CEO & President · Director · 10% Owner
Period of report
Dec 20, 2017
Accepted (ET)
Dec 22, 2017 · 5:01 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 StockF1,F2 | Dec 20, 2017 | S | 24,863 | $5.94 | D | 3,305,862 | D | |
| Common Stock | holding | — | — | — | 6,000 | I | By wife |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares sold to fund federal and state individual tax obligations.
- F2The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.90 to $6.15, 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.