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BTCS Inc. — Director's Dealing 2022
Jan 5, 2022
33585_dirs_2022-01-04_a726cb9b-e509-4ae6-b2f3-037283724a79.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: 2022-01-02
Reporting Person: Prevoznik Michael Edward JR (CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-01-02 | Common Stock | A | 55556 | — | Acquired | 55556 | Direct |
| 2022-01-02 | Common Stock | A | 55556 | — | Acquired | 111112 | Direct |
| 2022-01-02 | Common Stock | A | 55556 | — | Acquired | 166668 | Direct |
| 2022-01-02 | Common Stock | A | 55556 | — | Acquired | 222224 | 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's market capitalization reaches and sustains a market capitalization for 30 consecutive days above $100,000,000. Once the market capitalization target has been met, 20% of the restricted stock units will vest on the one-year anniversary from January 2, 2022 (the "Grant Date"), and the remaining 80% of the restricted stock units will vest monthly over the four years following the one year anniversary of the Grant Date.
F2: 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's market capitalization reaches and sustains a market capitalization for 30 consecutive days above $150,000,000. Once the market capitalization target has been met, 20% of the restricted stock units will vest on the one-year anniversary of the Grant Date, and the remaining 80% of the restricted stock units will vest monthly over the four years following the one year anniversary of the Grant Date.
F3: 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's market capitalization reaches and sustains a market capitalization for 30 consecutive days above $200,000,000. Once the market capitalization target has been met, 20% of the restricted stock units will vest on the one-year anniversary of the Grant Date, and the remaining 80% of the restricted stock units will vest monthly over the four years following the one year anniversary of the Grant Date.
F4: 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's market capitalization reaches and sustains a market capitalization for 30 consecutive days above $400,000,000. Once the market capitalization target has been met, 20% of the restricted stock units will vest on the one-year anniversary of the Grant Date, and the remaining 80% of the restricted stock units will vest monthly over the four years following the one year anniversary of the Grant Date.
F5: The vesting of the reported securities are subject to shareholder approval approving an increase in the 2021 Equity Incentive Plan or the creation of a new plan as required under Nasdaq rules.