Milton C. Ault III - May 31, 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: May 31, 2022
Transactions value $: $1,641,535
Form type: 4
Date filed: 6/2/2022, 05:00 PM
Previous filing: May 31, 2022
Next filing: Jun 3, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AULT	Common Stock	Purchase	$572K	+1.43M	+8.88%	$0.40	17.5M	May 31, 2022	By Ault Alpha LP	F1, F2
transaction	AULT	Common Stock	Purchase	$1.07M	+2.47M	+14.09%	$0.43^*	20M	Jun 1, 2022	By Ault Alpha LP	F2, F3
transaction	AULT	Common Stock	Purchase	$2.87K	+7.5K	+2.82%	$0.38	274K	Jun 1, 2022	Direct
holding	AULT	Common Stock						1.66M	May 31, 2022	By Ault & Company, Inc.	F4
holding	AULT	Common Stock						3.41K	May 31, 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 was purchased by the reporting person in open market transactions on the transaction date, with a volume weighted average purchase price of $0.3999. The range of purchase prices on the transaction date was $0.3852 to $0.3895 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 $0.4319. The range of purchase prices on the transaction date was $0.3991 to $0.4356 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.