Kenneth S. Cragun - Nov 15, 2022 Form 4 Insider Report for BitNile Holdings, Inc. (AULT)

Role: Chief Financial Officer
Signature: /s/ Kenneth S. Cragun
Stock symbol: AULT
Transactions as of: Nov 15, 2022
Transactions value $: $0
Form type: 4
Date filed: 11/17/2022, 08:33 PM
Previous filing: Sep 8, 2022
Next filing: Nov 21, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AULT	Common Stock	Options Exercise	$0	+12.5K	+25%	$0.00	62.5K	Nov 15, 2022	Direct	F1, F2
transaction	AULT	Common Stock	Options Exercise	$0	+12.5K	+20%	$0.00	75K	Nov 15, 2022	Direct	F1, F3

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	Restricted Stock Grant	Options Exercise	$0	-12.5K	-20%	$0.00	50K	Nov 15, 2022	Common Stock	12.5K		Direct	F2, F4
transaction	AULT	Restricted Stock Grant	Options Exercise	$0	-12.5K	-14.29%	$0.00	75K	Nov 15, 2022	Common Stock	12.5K		Direct	F3, F4
holding	AULT	Restricted Stock Grant						2.5M	Nov 15, 2022	Common Stock	2.5M		Direct	F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the vesting of restricted stock.
F2	On January 8, 2021, Mr. Cragun was granted 100,000 restricted shares of the Issuer's common stock, which vest semi-annually on each of May 15 and November 15 in equal tranches on such dates over a period of four (4) years, with the exception of the first tranche of 12,500 which vested on August 24, 2021.
F3	On May 21, 2021, Mr. Cragun was granted 100,000 restricted shares of the Issuer's common stock, which vest semi-annually on each of May 15 and November 15 in equal tranches on such dates over a period of four (4) years commencing on May 15, 2022.
F4	Each restricted stock unit is the economic equivalent of one share of common stock, par value $0.001, of BitNile Holdings, Inc.
F5	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.