Dustin Hull - 30 Dec 2021 Form 4 Insider Report for Salt Blockchain Inc.

Role: Chief Financial Officer
Signature: /s/ Dustin Hull
Issuer symbol: N/A
Transactions as of: 30 Dec 2021
Net transactions value: +$9,000
Form type: 4
Filing time: 03 Jan 2022, 10:46:48 UTC
Previous filing: 18 Aug 2021
Next filing: 04 Oct 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SALT	Common Stock	Options Exercise	$9,000	+25,000	+37%	$0.3600^*	92,563	30 Dec 2021	Direct

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	SALT	Stock Option (right to buy)	Options Exercise	$0	-25,000	-21%	$0.000000	92,563	30 Dec 2021	Common Stock	25,000	$0.3600	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The option vests according to the following schedule: 25% on October 12, 2019, and 1/36th of the remaining non-vested shares vest each month thereafter, with 100% of the shares vesting on October 12, 2022, subject to the reporting person's continuous service.