SEC Form 4 · accession 0001615774-18-008175
Akoustis Technologies, Inc. · AKTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Aichele
Officer — VP of Business Development
Period of report
Aug 13, 2018
Accepted (ET)
Aug 15, 2018 · 6:19 pm EDT
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 | Aug 13, 2018 | S | 3,700 | $7.68 | D | 150,084 | 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 adopted by the reporting person on June 18, 2018. The shares were 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 $7.45 to $7.88, 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.