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BTCS Inc. — Director's Dealing 2021
Apr 12, 2021
33585_dirs_2021-04-12_dfbf65ad-f451-4158-a08e-f7b4893394a5.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: 2021-04-01
Reporting Person: Lee Charles Benjamin (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-04-01 | Common Stock | A | 75000 | — | Acquired | 75000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-04-01 | Stock Options (Right to Buy) | $1.03 | A | 175000 | Acquired | 2026-04-01 | Common Stock (175000) | Direct |
Footnotes
F1: Represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. The restricted stock units shall vest when the issuer lists its Common Stock on a national securities exchange.
F2: The stock options shall vest as follow: 70,000 options will vest on April 1, 2022 and the remaining options will vest based upon the following milestones involving the issuer's stock price: 26,250 options when the trailing 20-day average closing stock price is greater than or equal to $1.288; 26,250 options when the trailing 20-day average closing stock price is greater than or equal to $1.609; 26,250 options when the trailing 20-day average closing stock price is greater than or equal to $2.012; and 26,250 options when the trailing 20-day average closing stock price is greater than or equal to $2.515.
F3: Not applicable.