Benjamin Yablon - 11 Jul 2021 Form 3 Insider Report for Salt Blockchain Inc. (SALT)

Role
Director
Signature
/s/ Dustin Hull, Attorney-in-Fact for Benjamin Yablon
Issuer symbol
SALT
Transactions as of
11 Jul 2021
Transactions value $
$0
Form type
3
Filing time
12 Jul 2021, 18:19:19 UTC
Next filing
03 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SALT Common Stock 1.5M 11 Jul 2021 Direct
holding SALT Common Stock 136K 11 Jul 2021 As Manager F1

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
holding SALT Stock Option (right to buy) 11 Jul 2021 Common Stock 50K $0.01 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held of record by Village Vending, LLC. Mr. Yablon is the manager of Village Vending, LLC and may be deemed to beneficially own the securities held by it.
F2 The option vests according to the following schedule: 25% on May 19, 2021, and 1/36th of the remaining non-vested shares vest each month thereafter, with 100% of the shares vesting on May 19, 2024, subject to the reporting person's continuous service.