Debra Johnston - 11 Jul 2021 Form 3 Insider Report for Salt Blockchain Inc.

Role: Chief People Officer
Signature: /s/ Dustin Hull, Attorney-in-Fact for Debra Johnston
Issuer symbol: N/A
Transactions as of: 11 Jul 2021
Net transactions value: $0
Form type: 3
Filing time: 12 Jul 2021, 18:22:39 UTC
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	SALT	Common Stock						150,000	11 Jul 2021	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
holding	SALT	Stock Option (right to buy)							11 Jul 2021	Common Stock	176,564	$0.3600	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Shares set forth in this column shall vest only upon a change in control of the company pursuant to a Restricted Stock Award Grant Agreement dated August 1, 2019 and are subject to forfeiture if the reporting person's service with the company is terminated for cause.
F2	The option vests according to the following schedule: 25% on January 28, 2020, and 1/36th of the remaining non-vested shares vest each month thereafter, with 100% of the shares vesting on January 28, 2023, subject to the reporting person's continuous service.