Bentz Jeffrey Allen 4
4 · BitNile Holdings, Inc. · Filed Nov 18, 2022
Insider Transaction Report
Form 4
Bentz Jeff Acosta
Director
Transactions
- Exercise/Conversion
Restricted Stock Grant
2022-11-15−12,500→ 25,000 totalExp: 2023-11-15→ Common Stock (12,500 underlying) - Exercise/Conversion
Common Stock
2022-11-15+12,500→ 125,000 total
Holdings
- 1,500,000
Restricted Stock Grant
→ Common Stock (1,500,000 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. Bentz was granted 50,000 shares of the Issuer's common stock, which vest in four equal installments on each of May 15, 2022, November 15, 2022, May 1, 2023 and November 15, 2023.
- [F4]On September 6, 2022, Mr. Bentz was granted 1,500,000 restricted shares of Common Stock, of which 500,000 and 1,000,000 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.