Kenneth S. Cragun - Nov 15, 2022 Form 4 Insider Report for BitNile Holdings, Inc. (AULT)

Role
Chief Financial Officer
Signature
/s/ Kenneth S. Cragun
Stock symbol
AULT
Transactions as of
Nov 15, 2022
Transactions value $
$0
Form type
4
Date filed
11/17/2022, 08:33 PM
Previous filing
Sep 8, 2022
Next filing
Nov 21, 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 +12.5K +25% $0.00 62.5K Nov 15, 2022 Direct F1, F2
transaction AULT Common Stock Options Exercise $0 +12.5K +20% $0.00 75K Nov 15, 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 -12.5K -20% $0.00 50K Nov 15, 2022 Common Stock 12.5K Direct F2, F4
transaction AULT Restricted Stock Grant Options Exercise $0 -12.5K -14.29% $0.00 75K Nov 15, 2022 Common Stock 12.5K Direct F3, F4
holding AULT Restricted Stock Grant 2.5M Nov 15, 2022 Common Stock 2.5M Direct F4, F5
* 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.
F5 On September 6, 2022, Mr. Cragun was granted 2,500,000 restricted shares of Common Stock, of which 750,000 and 1,750,000 shares, respectively, shall vest on the second and fourth anniversary of the date of approval by the Issuer's stockholders of the grant, subject to receipt of approval therefor by the Issuer's stockholders and the NYSE American.