Charles W. Allen - 02 Jan 2022 Form 4 Insider Report for BTCS Inc. (BTCS)

Signature
/s/ Charles Allen
Issuer symbol
BTCS
Transactions as of
02 Jan 2022
Net transactions value
$0
Form type
4
Filing time
04 Jan 2022, 20:12:21 UTC
Previous filing
14 Sep 2021
Next filing
17 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BTCS Common Stock Award $0 +173,611 +5.5% $0.000000 3,328,430 02 Jan 2022 Direct
transaction BTCS Common Stock Award $0 +173,611 +5.2% $0.000000 3,502,041 02 Jan 2022 Direct F1, F5
transaction BTCS Common Stock Award $0 +173,611 +5% $0.000000 3,675,652 02 Jan 2022 Direct F2, F5
transaction BTCS Common Stock Award $0 +173,611 +4.7% $0.000000 3,849,263 02 Jan 2022 Direct F3, F5
transaction BTCS Common Stock Award $0 +173,611 +4.5% $0.000000 4,022,874 02 Jan 2022 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. The restricted stock units shall vest when the Issuer's market capitalization reaches and sustains a market capitalization for 30 consecutive days above $100,000,000.
F2 Represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. The restricted stock units shall vest when the Issuer's market capitalization reaches and sustains a market capitalization for 30 consecutive days above $150,000,000.
F3 Represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. The restricted stock units shall vest when the Issuer's market capitalization reaches and sustains a market capitalization for 30 consecutive days above $200,000,000.
F4 Represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. The restricted stock units shall vest when the Issuer's market capitalization reaches and sustains a market capitalization for 30 consecutive days above $400,000,000.
F5 The vesting of the reported securities are subject to shareholder approval approving an increase in the 2021 Equity Incentive Plan or the creation of a new plan as required under Nasdaq rules.