Joseph Perry - Jul 11, 2021 Form 3 Insider Report for Salt Blockchain Inc. (SALT)

Role: Director
Signature: /s/ Dustin Hull, Attorney-in-Fact for Joseph Perry
Stock symbol: SALT
Transactions as of: Jul 11, 2021
Transactions value $: $0
Form type: 3
Date filed: 7/12/2021, 06:13 PM
Next filing: Sep 3, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	SALT	Common Stock						854K	Jul 11, 2021	As Managing Member	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
holding	SALT	Stock Option (right to buy)							Jul 11, 2021	Common Stock	17.5K	$0.01	Direct	F2
holding	SALT	Stock Option (right to buy)							Jul 11, 2021	Common Stock	57.5K	$0.01	Direct	F3

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

Explanation of Responses:

Id	Content
F1	Shares held of record by P3K LLC. Joseph Perry is the managing member of P3K LLC and may be deemed to beneficially own such shares.
F2	The option vests according to the following schedule: 25% on February 3, 2021, and 1/36th of the remaining non-vested shares vest each month thereafter, with 100% of the shares vesting on February 3, 2024, subject to the reporting person's continuous service.
F3	The option vests according to the following schedule: 25% on May 19, 2021, and 1/36th of the remaining non-vested shares vest each month thereafter, with 100% of the shares vesting on May 19, 2024, subject to the reporting person's continuous service.