Alexander Fader - Apr 19, 2022 Form 4 Insider Report for Salt Blockchain Inc. (SALT)

Role
Chief Legal Officer
Signature
/s/ Alexander Fader
Stock symbol
SALT
Transactions as of
Apr 19, 2022
Transactions value $
$0
Form type
4
Date filed
4/21/2022, 04:01 PM
Previous filing
Feb 10, 2022
Next filing
Oct 4, 2022

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) Award $0 +225K +45000% $0.00 226K Apr 19, 2022 Common Stock 225K $3.29 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 February 1, 2023, and 1/36th of the remaining non-vested shares vest each month thereafter, with 100% of the shares vesting on February 1, 2026, subject to the reporting person's continuous service.