Milton C. Ault III - May 24, 2022 Form 4 Insider Report for BitNile Holdings, Inc. (AULT)

Signature
/s/ Milton C. Ault, III
Stock symbol
AULT
Transactions as of
May 24, 2022
Transactions value $
$1,547,444
Form type
4
Date filed
5/26/2022, 09:45 PM
Previous filing
May 24, 2022
Next filing
May 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AULT Common Stock Purchase $907K +3M +42.25% $0.30 10.1M May 24, 2022 By Ault Alpha LP F1, F2
transaction AULT Common Stock Purchase $11.1K +40K +17.87% $0.28 264K May 24, 2022 Direct F3
transaction AULT Common Stock Purchase $628K +2M +19.8% $0.31 12.1M May 25, 2022 By Ault Alpha LP F2, F4
transaction AULT Common Stock Purchase $776 +2.5K +0.95% $0.31 266K May 25, 2022 Direct
holding AULT Common Stock 1.66M May 24, 2022 By Ault & Company, Inc. F5
holding AULT Common Stock 3.41K May 24, 2022 By Philou Ventures, LLC F6
* 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 the reporting person in open market transactions on the transaction date, with a volume weighted average purchase price of $0.3024. The range of purchase prices on the transaction date was $0.2768 to $0.2971 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 the reporting person in open market transactions on the transaction date, with a volume weighted average purchase price of $0.2767. The range of purchase prices on the transaction date was $0.2696 to $0.2791 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 The common stock was purchased by the reporting person in open market transactions on the transaction date, with a volume weighted average purchase price of $0.3142. The range of purchase prices on the transaction date was $0.2862 to $0.3152 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.
F5 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.
F6 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.