William B. Horne - Nov 15, 2022 Form 4 Insider Report for BitNile Holdings, Inc. (AULT)

Role: Chief Executive Officer, Director
Signature: /s/ William B. Horne
Stock symbol: AULT
Transactions as of: Nov 15, 2022
Transactions value $: $0
Form type: 4
Date filed: 11/17/2022, 08:34 PM
Previous filing: Sep 19, 2022
Next filing: Nov 30, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AULT	Common Stock	Options Exercise	$0	+100K	+49.19%	$0.00	303K	Nov 15, 2022	Direct	F1

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	-100K	-25%	$0.00	300K	Nov 15, 2022	Common Stock	100K		Direct	F2, F3
holding	AULT	Restricted Stock Grant						15M	Nov 15, 2022	Common Stock	15M		Direct	F2, F4

* 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	Each restricted stock unit is the economic equivalent of one share of common stock, par value $0.001, of BitNile Holdings, Inc.
F3	On January 8, 2021, Mr. Horne was granted 400,000 restricted shares of the Issuer's common stock, which vest in four equal installments on each of November 15, 2022, May 1, 2023, November 15, 2023 and May 15, 2024.
F4	On September 6, 2022, Mr. Horne was granted 15,000,000 restricted shares of Common Stock, of which 5,000,000 and 10,000,000 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.