Manish Paranjape - Dec 12, 2024 Form 4 Insider Report for BTCS Inc. (BTCS)

Role
CTO
Signature
/s/ Manish Paranjape
Stock symbol
BTCS
Transactions as of
Dec 12, 2024
Transactions value $
-$135,310
Form type
4
Date filed
12/16/2024, 04:05 PM
Previous filing
Sep 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BTCS Common Stock Tax liability -$28.9K -8.81K -1.89% $3.28 457K Dec 12, 2024 Direct F1, F2
transaction BTCS Common Stock Tax liability -$106K -32.4K -7.1% $3.28 424K Dec 12, 2024 Direct F2, F3
holding BTCS Common Stock 1.36K Dec 12, 2024 By Kilwar LLC
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In accordance with Rule 16b3(d), the shares were withheld to satisfy the reporting person's tax withholding obligations. On December 12, 2024, the Company's market capitalization surpassed $50 million for thirty consecutive days, resulting in the vesting of Long-Term Incentive RSUs, which were net-settled. 16,019 of the issued shares remain restricted and subject to annual vesting ending December 31, 2026.
F2 Includes shares of common stock issuable upon vesting of restricted stock units.
F3 In accordance with Rule 16b3(d), the shares were withheld to satisfy the reporting person's tax withholding obligations resulting from the net-settlement of vested RSUs. 113,308 of the issued shares remain restricted and subject to annual vesting ending December 31, 2028.