Horne William B. 4
4 · BitNile Holdings, Inc. · Filed May 17, 2022
Insider Transaction Report
Form 4
Horne William B
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Restricted Stock Grant
2022-05-15−66,667→ 0 totalExp: 2022-05-15→ Common Stock (66,667 underlying) - Exercise/Conversion
Common Stock
2022-05-15+66,667→ 203,306 total
Holdings
- 400,000
Restricted Stock Grant
Exp: 2024-05-15→ Common Stock (400,000 underlying)
Footnotes (4)
- [F1]Represents the vesting of restricted stock.
- [F2]Each restricted stock unit is the economic equivalent of one share of common stock, par value $0.001, of BitNile Holdings, Inc.
- [F3]On November 2, 2020, Mr. Horne was granted 200,000 restricted shares of the Issuer's common stock, which vested in three equal installments as follows: 66,666 shares on August 20, 2021, 66,667 shares on November 15, 2021, and 66,667 shares on May 15, 2022.
- [F4]On January 8, 2021, Mr. Horne was granted 400,000 restricted shares of the Issuer's common stock, which vest in four equal installments on each of November 15, 2022, May 1, 2023, November 15, 2023 and May 15, 2024.