William B. Horne - May 15, 2022 Form 4 Insider Report for BitNile Holdings, Inc. (AULT)

Role: Chief Executive Officer, Director
Signature: /s/ William B. Horne
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: Apr 28, 2022
Next filing: Sep 8, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AULT	Common Stock	Options Exercise	$0	+66.7K	+48.79%	$0.00	203K	May 15, 2022	Direct	F1

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	-66.7K	-100%	$0.00^*	0	May 15, 2022	Common Stock	66.7K		Direct	F2, F3
holding	AULT	Restricted Stock Grant						400K	May 15, 2022	Common Stock	400K		Direct	F2, 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	Each restricted stock unit is the economic equivalent of one share of common stock, par value $0.001, of BitNile Holdings, Inc.
F3	On November 2, 2020, Mr. Horne was granted 200,000 restricted shares of the Issuer's common stock, which vested in three equal installments as follows: 66,666 shares on August 20, 2021, 66,667 shares on November 15, 2021, and 66,667 shares on May 15, 2022.
F4	On January 8, 2021, Mr. Horne was granted 400,000 restricted shares of the Issuer's common stock, which vest in four equal installments on each of November 15, 2022, May 1, 2023, November 15, 2023 and May 15, 2024.