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 | +7.5M | $0.00* | 0 | Sep 6, 2022 | Common Stock | 7.5M | $0.29 | Direct | F1 | |
transaction | AULT | Stock Option (Right to Buy) | Award | $0 | +7.5M | $0.00* | 0 | Sep 6, 2022 | Common Stock | 7.5M | $0.29 | Direct | F2 | |
transaction | AULT | Restricted Stock Grant | Award | $0 | +2.5M | $0.00* | 0 | Sep 6, 2022 | Common Stock | 2.5M | Direct | F3, F4 |
Id | Content |
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F1 | On September 6, 2022, Mr. Cragun was granted options to purchase 7,500,000 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. Cragun was granted options to purchase 7,500,000 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. Cragun was granted 2,500,000 restricted shares of Common Stock, of which 750,000 and 1,750,000 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. |