Milton C. Ault III - 31 Dec 2021 Form 4 Insider Report for BitNile Holdings, Inc. (GPUS)

Role
Executive Chairman, Director, 10%+ Owner
Signature
/s/ Milton C. Ault, III
Issuer symbol
GPUS
Transactions as of
31 Dec 2021
Net transactions value
+$315,652
Form type
4
Filing time
03 Jan 2022, 15:30:25 UTC
Previous filing
27 Dec 2021
Next filing
06 Jan 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 Purchase $312,000 +250,000 +4.1% $1.25 6,350,000 31 Dec 2021 By Ault Alpha LP F1, F2
transaction AULT Common Stock Purchase $3,652 +3,000 +1.9% $1.22 157,125 31 Dec 2021 Direct F3
holding AULT Common Stock 1,658,916 31 Dec 2021 By Ault & Company, Inc. F4
holding AULT Common Stock 3,408 31 Dec 2021 By Philou Ventures, LLC F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The common stock was purchased by Ault Alpha LP ("Ault Alpha") in open market transactions on the transaction date, with a volume weighted average purchase price of $1.248. The range of purchase prices on the transaction date was $1.2372 to $1.2626 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each price.
F2 Milton C. Ault, III, is the Manager of Ault Alpha GP LLC ("Ault GP") and Ault Capital Management LLC ("AC Management"). Ault GP and AC Management are the general partner and investment manager to Ault Alpha, respectively. As such, Mr. Ault is deemed to beneficially own the shares held by Ault Alpha.
F3 The common stock was purchased by Mr. Ault in open market transactions on the transaction date, with a volume weighted average purchase price of $1.2174. The range of purchase prices on the transaction date was $1.2093 to $1.2295 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each price.
F4 Milton C. Ault, III, is the Chief Executive Officer of Ault & Company, Inc. ("Ault & Co.") and is deemed to beneficially own the shares held by Ault & Co.
F5 Ault & Co. is the Manager of Philou Ventures, LLC. Milton C. Ault, III, as the Chief Executive Officer of Ault & Co., is deemed to beneficially own the shares held by Ault & Co.