Garrity David 4
4 · BTCS Inc. · Filed Sep 14, 2021
Insider Transaction Report
Form 4
BTCS Inc.BTCS
Garrity David
Director
Transactions
- Conversion
Series C-2 Convertible Preferred Stock
2021-09-14−15,000→ 0 total→ Common Stock (54,706 underlying) - Conversion
Common Stock
2021-09-14+54,706→ 79,790 total
Footnotes (3)
- [F1]The Series C-2 Preferred Stock (the "C-2") automatically converted into the issuer's common stock upon the issuer listing its Common Stock on The Nasdaq Stock Market, LLC. The conversion price was $1.70 per share, adjusted for the reverse stock split described in footnote (2) below. As previously disclosed, the C-2 would automatically convert into shares of common stock upon the earlier of: (i) the four-year anniversary of the initial issuance date, and (ii) the issuer's common stock being listed on a national securities exchange.
- [F2]Reflects a 1-for-10 reverse stock split which became effective in August 2021, prior to the filing date of this Form 4.
- [F3]Not applicable.