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

Role: Executive Chairman, Director, 10%+ Owner
Signature: /s/ Milton C. Ault, III
Stock symbol: AULT
Transactions as of: Dec 31, 2021
Transactions value $: $315,652
Form type: 4
Date filed: 1/3/2022, 03:30 PM
Previous filing: Dec 27, 2021
Next filing: Jan 6, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AULT	Common Stock	Purchase	$312K	+250K	+4.1%	$1.25	6.35M	Dec 31, 2021	By Ault Alpha LP	F1, F2
transaction	AULT	Common Stock	Purchase	$3.65K	+3K	+1.95%	$1.22	157K	Dec 31, 2021	Direct	F3
holding	AULT	Common Stock						1.66M	Dec 31, 2021	By Ault & Company, Inc.	F4
holding	AULT	Common Stock						3.41K	Dec 31, 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.