SEC Form 4 · accession 0001615774-18-012595
Akoustis Technologies, Inc. · AKTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey B. Shealy
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Nov 9, 2018
Accepted (ET)
Nov 13, 2018 · 7:00 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 Stock | Nov 9, 2018 | S | 196 | $4.80 | D | 15,804 | I | By wife |
| Common Stock | holding | — | — | — | 3,198,562 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person's wife on September 19, 2018. The shares were sold in order to cover the reporting person's tax liability incurred in connection with the vesting of restricted stock units on September 27, 2018.