Jeffrey Bentz - Nov 15, 2022 Form 4 Insider Report for BitNile Holdings, Inc. (AULT)

Role
Director
Signature
/s/ Jeffrey Bentz
Stock symbol
AULT
Transactions as of
Nov 15, 2022
Transactions value $
$0
Form type
4
Date filed
11/18/2022, 03:30 PM
Previous filing
Sep 19, 2022
Next filing
Jan 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AULT Common Stock Options Exercise $0 +12.5K +11.11% $0.00 125K 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 -12.5K -33.33% $0.00 25K Nov 15, 2022 Common Stock 12.5K Direct F2, F3
holding AULT Restricted Stock Grant 1.5M Nov 15, 2022 Common Stock 1.5M 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. Bentz was granted 50,000 shares of the Issuer's common stock, which vest in four equal installments on each of May 15, 2022, November 15, 2022, May 1, 2023 and November 15, 2023.
F4 On September 6, 2022, Mr. Bentz 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.