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BTCS Inc. — Director's Dealing 2021
Sep 14, 2021
33585_dirs_2021-09-14_33948fa5-231c-418b-945b-e3005c565462.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BTCS Inc. (BTCS)
CIK: 0001436229
Period of Report: 2021-09-14
Reporting Person: Allen Charles W (Director, Chief Executive Officer, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-09-14 | Common Stock | C | 2954118 | — | Acquired | 3154819 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-09-14 | Series C-2 Convertible Preferred Stock | $ | C | 810000 | Disposed | Common Stock (2954118) | Direct |
Footnotes
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.