| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | BMNR | Common Stock | Gift | -$5M | -50K | -50% | $100.00* | 50K | Jul 16, 2022 | See Footnote | F1 |
| transaction | BMNR | Common Stock | Award | $110K | +250K | $0.44 | 250K | Aug 23, 2022 | Direct | F2 | |
| transaction | BMNR | Common Stock | Award | $154K | +350K | +140% | $0.44 | 600K | Aug 23, 2022 | Direct | F2, F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | BMNR | Class A Warrants | Gift | -50K | -50% | 50K | Jul 16, 2022 | Common Stock | 50K | $2.00 | See Footnote | F1, F4 | ||
| transaction | BMNR | Class B Warrants | Gift | -50K | -50% | 50K | Jul 16, 2022 | Common Stock | 50K | $5.00 | See Footnote | F1, F4 |
| Id | Content |
|---|---|
| F1 | On July 8, 2022, the reporting person gifted 20% of Sterling Acquisitions I, Inc. to a third party for $20. On the same date, the reporting person disposed of the remainder of his interest in Sterling Acquisitions I, Inc. by gifting 20% to his spouse and 20% to each of his three children, each of which paid $20 for their interests. The reporting person's spouse has the shared power to vote or dispose of all securities owned by Sterling Acquisitions I, Inc. The reporting person remains the indirect owner of the securities owned by Sterling Acquisitions I, Inc. because he has an indirect pecuniary interest in shares owned by his spouse and children pursuant to Rule 16a-1(a)(2)(ii). The price of the company's common stock on the date the transaction occurred was $2.01 per share. |
| F2 | Price is based upon price indicated by a recent offering of Units by the Company for $1.25 per Unit to unrelated investors, with each Unit consisting of one share of common stock, one Class C-1 Warrant and one Class C-2 Warrant. |
| F3 | The shares are subject to forfeiture if the reporting person is not continuously employed by the company as an employee or consultant from the date of grant to January 15, 2025. Vesting may be accelerated in the event of a change in control of the Company, a termination by the reporting person of his employment for good reason or by the company without cause, or at the discretion of the board of directors. The foregoing is a summary of the vesting terms of the stock grant as set forth in a restricted stock agreement between the company and the reporting person. |
| F4 | The Class A Warrants and the Class B Warrants are exercisable immediately. |