Alexander Fader - 19 Apr 2022 Form 4 Insider Report for Salt Blockchain Inc.

Role
Chief Legal Officer
Signature
/s/ Alexander Fader
Issuer symbol
N/A
Transactions as of
19 Apr 2022
Net transactions value
$0
Form type
4
Filing time
21 Apr 2022, 16:01:25 UTC
Previous filing
10 Feb 2022
Next filing
04 Oct 2022
SEC
View on sec.gov

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 +225,000 +45000% $0.000000 225,500 19 Apr 2022 Common Stock 225,000 $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.