Allen Charles W 4

4 · BTCS Inc. · Filed Jul 10, 2025

Form 4

Period: 2025-07-09

DirectorCEO

Transactions

Exercise/Conversion
Common Stock
2025-07-09$1.90/sh+508,884$966,880→ 4,679,506 total
Exercise/Conversion
Stock Options (Right to Buy)
2025-07-09−750,000→ 0 total
Exercise: $1.90Exp: 2026-01-01→ Common Stock (750,000 underlying)

Footnotes (5)

[F1]On July 9, 2025, the reporting person exercised options to purchase 750,000 shares of the issuer's common stock at an exercise price of $1.90 per share. The reporting person paid the exercise price on a cashless basis, resulting in the issuer withholding 241,116 of the option shares to pay the exercise price and issuing to the reporting person the remaining shares.
[F2]Represents shares of common stock acquired upon exercise of 750,000 stock options with an exercise price of $1.90 per share. The number of shares issued was calculated by multiplying the number of options exercised by the preceding day's closing stock price of $5.91 to determine the total stock value, then subtracting the aggregate exercise price, and dividing the result by the same closing price.
[F3]Includes shares of restricted common stock subject to forfeiture if certain vesting conditions are not met.
[F4]The stock options vested as follows: 300,000 options vested on January 1, 2022, and the remaining options vested based upon certain performance milestones involving the issuer's stock price.
[F5]Not applicable.

Documents

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