Milton C. Ault III - Feb 2, 2022 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
Feb 2, 2022
Transactions value $
$37,736
Form type
4
Date filed
2/2/2022, 06:14 PM
Previous filing
Feb 1, 2022
Next filing
Feb 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AULT Common Stock Purchase $37.7K +40K +0.61% $0.94 6.64M Feb 2, 2022 By Ault Alpha LP F1, F2, F3
holding AULT Common Stock 157K Feb 2, 2022 Direct
holding AULT Common Stock 1.66M Feb 2, 2022 By Ault & Company, Inc. F4
holding AULT Common Stock 3.41K Feb 2, 2022 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 purchased by Ault Alpha LP ("Ault Alpha") was effected pursuant to a Rules 10b-18 and 10b5-1 stock purchase plan dated December 31, 2021, adopted by Ault Alpha.
F2 The common stock was purchased by Ault Alpha in open market transactions on the transaction date, with a volume weighted average sale price of $0.9434. The range of sale prices on the transaction date was $0.9213 to $0.9566 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 sold at each price.
F3 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.
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.