KENNETH S. CRAGUN - 15 May 2022 Form 4 Insider Report for BitNile Holdings, Inc. (AULT)

Role
Chief Financial Officer
Signature
/s/ Kenneth S. Cragun
Issuer symbol
AULT
Transactions as of
15 May 2022
Net transactions value
$0
Form type
4
Filing time
17 May 2022, 20:25:50 UTC
Previous filing
24 Jan 2022
Next filing
29 Jul 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AULT Common Stock Options Exercise $0 +12,500 +50% $0.000000 37,500 15 May 2022 Direct F1, F2
transaction AULT Common Stock Options Exercise $0 +12,500 +33% $0.000000 50,000 15 May 2022 Direct F1, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AULT Restricted Stock Grant Options Exercise $0 -12,500 -17% $0.000000 62,500 15 May 2022 Common Stock 12,500 Direct F3, F4
transaction AULT Restricted Stock Grant Options Exercise $0 -12,500 -12% $0.000000 87,500 15 May 2022 Common Stock 12,500 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the vesting of restricted stock.
F2 On January 8, 2021, Mr. Cragun was granted 100,000 restricted shares of the Issuer's common stock, which vest semi-annually on each of May 15 and November 15 in equal tranches on such dates over a period of four (4) years, with the exception of the first tranche of 12,500 which vested on August 24, 2021.
F3 On May 21, 2021, Mr. Cragun was granted 100,000 restricted shares of the Issuer's common stock, which vest semi-annually on each of May 15 and November 15 in equal tranches on such dates over a period of four (4) years commencing on May 15, 2022.
F4 Each restricted stock unit is the economic equivalent of one share of common stock, par value $0.001, of BitNile Holdings, Inc.