Charles B. Lee - 30 Jun 2023 Form 4 Insider Report for BTCS Inc. (BTCS)

Role: Director
Signature: /s/ Charles B. Lee, By Charles Allen, attorney-in-fact
Issuer symbol: BTCS
Transactions as of: 30 Jun 2023
Net transactions value: $0
Form type: 4
Filing time: 05 Jul 2023, 18:40:02 UTC
Previous filing: 04 Apr 2023
Next filing: 03 Oct 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BTCS	Common Stock	Award		+10,549	+22%		59,089	30 Jun 2023	Direct	F1

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

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	As previously disclosed, the Issuer's Board of Directors approved an annual grant of $50,000 of common stock to the Reporting Person to be issued on a quarterly calendar basis ($12,500 per quarter).