Henry Carl Nisser - 06 Sep 2022 Form 4 Insider Report for BitNile Holdings, Inc. (GPUS)

Role
President and General Counsel, Director
Signature
/s/ Henry C.W. Nisser
Issuer symbol
GPUS
Transactions as of
06 Sep 2022
Net transactions value
$0
Form type
4
Filing time
08 Sep 2022, 21:55:33 UTC
Previous filing
17 May 2022
Next filing
17 Nov 2022
SEC
View on sec.gov

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 Stock Option (Right to Buy) Award $0 +12,500,000 $0.000000* 0 06 Sep 2022 Common Stock 12,500,000 $0.2900 Direct F1
transaction AULT Stock Option (Right to Buy) Award $0 +12,500,000 $0.000000* 0 06 Sep 2022 Common Stock 12,500,000 $0.2900 Direct F2
transaction AULT Restricted Stock Grant Award $0 +7,500,000 $0.000000* 0 06 Sep 2022 Common Stock 7,500,000 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On September 6, 2022, Mr. Nisser was granted options to purchase 12,500,000 shares of common stock, par value $0.001 per share ("Common Stock") of BitNile Holdings, Inc. (the "Issuer"), which shall vest in equal monthly increments over 48 months, beginning January 1, 2023 through December 1, 2026, which will be exercisable subject to receipt of approval therefor by the Issuer's stockholders and the NYSE American.
F2 On September 6, 2022, Mr. Nisser was granted options to purchase 12,500,000 shares of Common Stock which shall vest upon the Issuer's wholly owned subsidiary, Ault Alliance, Inc. becoming a public reporting company under Sections 12 or 15(d) of the Securities Exchange Act of 1934, as amended, which will be exercisable subject to receipt of approval therefor by the Issuer's stockholders and the NYSE American.
F3 Each restricted stock unit is the economic equivalent of one share of Common Stock.
F4 On September 6, 2022, Mr. Nisser was granted 7,500,000 restricted shares of Common Stock, of which 2,500,000 and 5,000,000 shares, respectively, shall vest on the second and fourth anniversary of the date of approval by the Issuer's stockholders of the grant, subject to receipt of approval therefor by the Issuer's stockholders and the NYSE American.