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

Role: Chief Executive Officer, Director
Signature: /s/ William B. Horne
Issuer symbol: GPUS
Transactions as of: 15 Nov 2022
Net transactions value: $0
Form type: 4
Filing time: 17 Nov 2022, 20:34:45 UTC
Previous filing: 19 Sep 2022
Next filing: 30 Nov 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AULT	Common Stock	Options Exercise	$0	+100,000	+49%	$0.000000	303,306	15 Nov 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	-100,000	-25%	$0.000000	300,000	15 Nov 2022	Common Stock	100,000		Direct	F2, F3
holding	AULT	Restricted Stock Grant						15,000,000	15 Nov 2022	Common Stock	15,000,000		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.