Milton C. Ault III - 01 Sep 2022 Form 4 Insider Report for BitNile Holdings, Inc. (GPUS)

Role
Executive Chairman, Director, 10%+ Owner
Signature
/s/ Milton C. Ault, III
Issuer symbol
GPUS
Transactions as of
01 Sep 2022
Net transactions value
+$52,521
Form type
4
Filing time
02 Sep 2022, 16:30:24 UTC
Previous filing
01 Sep 2022
Next filing
07 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AULT Common Stock Purchase $2,889 +10,000 +2.6% $0.2889 398,792 01 Sep 2022 Direct
transaction AULT Common Stock Purchase $49,632 +160,000 +0.39% $0.3102 41,680,357 01 Sep 2022 By Ault Alpha LP F1, F2
holding AULT 13% Series D Cumulative Redeemable Perpetual Preferred Stock 90,033 01 Sep 2022 By Ault Alpha LP F2
holding AULT Common Stock 1,658,916 01 Sep 2022 By Ault & Company, Inc. F3
holding AULT Common Stock 3,408 01 Sep 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 purchased by Ault Alpha LP ("Ault Alpha") was effected pursuant to a Rules 10b-18 and 10b5-1 stock purchase plan dated May 24, 2022, adopted by Ault Alpha.
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.