4//SEC Filing
Allen Charles W 4
Accession 0001641172-25-018614
CIK 0001436229other
Filed
Jul 9, 8:00 PM ET
Accepted
Jul 10, 5:00 PM ET
Size
8.3 KB
Accession
0001641172-25-018614
Insider Transaction Report
Form 4
BTCS Inc.BTCS
Allen Charles W
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 totalExercise: $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
Issuer
BTCS Inc.
CIK 0001436229
Entity typeother
Related Parties
1- filerCIK 0001599502
Filing Metadata
- Form type
- 4
- Filed
- Jul 9, 8:00 PM ET
- Accepted
- Jul 10, 5:00 PM ET
- Size
- 8.3 KB