Robert O Smith - 06 Sep 2022 Form 4 Insider Report for BitNile Holdings, Inc. (GPUS)

Reporting relationship: Director
Issuer ticker: GPUS
Reported as of: 06 Sep 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 09 Sep 2022, 21:00:44 UTC
Prior SEC filing: 17 May 2022
Next SEC filing: 19 Sep 2022
Source filing: View source filing
Reporting owner signature: /s/ Robert O. Smith

Key filing fact

Robert O Smith filed Form 4 for BitNile Holdings, Inc. (GPUS) on 09 Sep 2022.

Key facts

This page summarizes Robert O Smith's Form 4 filing for BitNile Holdings, Inc. (GPUS).
2 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 09 Sep 2022, 21:00.

Change

Previous filing in this sequence was filed on 17 May 2022.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AULT transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value: $0
Shares: +2,500,000
Change %
Price: $0.000000^*
Shares after: 0
Date: 06 Sep 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,500,000
Exercise price: $0.2900
Footnotes: F1

AULT transaction Derivative

Restricted Stock Grant

Award

Transaction value: $0
Shares: +1,500,000
Change %
Price: $0.000000^*
Shares after: 0
Date: 06 Sep 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,500,000
Exercise price
Footnotes: F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

On September 6, 2022, Mr. Smith was granted options to purchase 2,500,000 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.

Footnote F2

Each restricted stock unit is the economic equivalent of one share of Common Stock.

Footnote F3

On September 6, 2022, Mr. Smith was granted 1,500,000 restricted shares of Common Stock, of which 500,000 and 1,000,000 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.