Manish Paranjape - 01 Jan 2024 Form 4 Insider Report for BTCS Inc. (BTCS)

Role
CTO
Signature
/s/ Manish Paranjape
Issuer symbol
BTCS
Transactions as of
01 Jan 2024
Net transactions value
$0
Form type
4
Filing time
03 Jan 2024, 16:05:39 UTC
Previous filing
04 Jan 2023
Next filing
16 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BTCS Common Stock Tax liability -11,040 -4% 262,895 01 Jan 2024 Direct F1, F2, F6
transaction BTCS Common Stock Award +50,705 +19% 313,600 01 Jan 2024 Direct F1, F6
transaction BTCS Common Stock Tax liability -11,156 -3.6% 302,444 01 Jan 2024 Direct F3, F6
transaction BTCS Common Stock Award +50,000 +17% 352,444 01 Jan 2024 Direct F4, F5, F6
holding BTCS Common Stock 1,364 01 Jan 2024 By Kilwar LLC
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Not applicable.
F2 Represents 11,040 shares withheld to satisfy the Reporting Person's tax withholding obligation with respect to the annual vesting of previously issued RSUs, which was not at the discretion of the Issuer.
F3 Represents 11,156 shares withheld to satisfy the Reporting Person's tax withholding obligation with respect to performance share issuance which was not at the discretion of the Issuer.
F4 Market value.
F5 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 annually over a five-year period with the first vesting date being on December 31, 2024, subject to continued employment with the Issuer on each applicable vesting date. The underlying shares of restricted stock are granted under the Issuer's 2021 Equity Incentive Plan.
F6 Includes shares of common stock issuable upon vesting of restricted stock units.