Milton C. Ault III - Dec 29, 2022 Form 4 Insider Report for BitNile Holdings, Inc. (AULT)

Role
Executive Chairman, Director, 10%+ Owner
Signature
/s/ Milton C. Ault, III
Stock symbol
AULT
Transactions as of
Dec 29, 2022
Transactions value $
$197,119
Form type
4
Date filed
12/30/2022, 05:00 AM
Previous filing
Dec 29, 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 Purchase $197K +1.91M +3.98% $0.10 50M Dec 29, 2022 By Ault Alpha LP F1, F2
holding AULT Common Stock 510K Dec 29, 2022 Direct
holding AULT Common Stock 1.66M Dec 29, 2022 By Ault & Company, Inc. F3
holding AULT Common Stock 3.41K Dec 29, 2022 By Philou Ventures, LLC F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The common stock purchased by Ault Alpha LP ("Ault Alpha") was effected pursuant to a Rules 10b-18 and 10b5-1 stock purchase plan dated May 24, 2022, adopted by Ault Alpha.
F2 Milton C. Ault, III, is the Manager of Ault Alpha GP LLC ("Ault GP") and Ault Capital Management LLC ("AC Management"). Ault GP and AC Management are the general partner and investment manager to Ault Alpha, respectively. As such, Mr. Ault is deemed to beneficially own the shares held by Ault Alpha.
F3 Milton C. Ault, III, is the Chief Executive Officer of Ault & Company, Inc. ("Ault & Co.") and is deemed to beneficially own the shares held by Ault & Co.
F4 Ault & Co. is the Manager of Philou Ventures, LLC. Milton C. Ault, III, as the Chief Executive Officer of Ault & Co., is deemed to beneficially own the shares held by Philou Ventures, LLC.