Milton C. Ault III - Aug 25, 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
Aug 25, 2022
Transactions value $
$5,248
Form type
4
Date filed
8/26/2022, 04:30 PM
Previous filing
Aug 25, 2022
Next filing
Aug 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AULT Common Stock Purchase $5.25K +17K +5.84% $0.31 308K Aug 25, 2022 Direct F1
holding AULT Common Stock 40.1M Aug 25, 2022 By Ault Alpha LP F2
holding AULT 13% Series D Cumulative Redeemable Perpetual Preferred Stock 90K Aug 25, 2022 By Ault Alpha LP F2
holding AULT Common Stock 1.66M Aug 25, 2022 By Ault & Company, Inc. F3
holding AULT Common Stock 3.41K Aug 25, 2022 By Philou Ventures, LLC F4
* 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 $0.3087. The range of purchase prices on the transaction date was $0.3066 to $0.3090 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 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.
F4 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 Philou Ventures, LLC.