Kenneth S. Cragun - May 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
May 15, 2022
Transactions value $
$0
Form type
4
Date filed
5/17/2022, 08:25 PM
Previous filing
Jan 24, 2022
Next filing
Jul 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AULT Common Stock Options Exercise $0 +12.5K +50% $0.00 37.5K May 15, 2022 Direct F1, F2
transaction AULT Common Stock Options Exercise $0 +12.5K +33.33% $0.00 50K May 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 -16.67% $0.00 62.5K May 15, 2022 Common Stock 12.5K Direct F3, F4
transaction AULT Restricted Stock Grant Options Exercise $0 -12.5K -12.5% $0.00 87.5K May 15, 2022 Common Stock 12.5K 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.