Horne William B. 4
4 · BitNile Holdings, Inc. · Filed Nov 17, 2022
Insider Transaction Report
Form 4
Horne William B
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
2022-11-15+100,000→ 303,306 total - Exercise/Conversion
Restricted Stock Grant
2022-11-15−100,000→ 300,000 totalExp: 2024-05-15→ Common Stock (100,000 underlying)
Holdings
- 15,000,000
Restricted Stock Grant
→ Common Stock (15,000,000 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 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.
- [F4]On September 6, 2022, Mr. Horne was granted 15,000,000 restricted shares of Common Stock, of which 5,000,000 and 10,000,000 shares, respectively, shall vest on the second and fourth anniversary of the date of approval by the Issuer's stockholders of the grant, subject to receipt of approval therefor by the Issuer's stockholders and the NYSE American.