Hyperscale Data, Inc. — Director's Dealing 2022

Nov 18, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BitNile Holdings, Inc. (NILE)
CIK: 0000896493
Period of Report: 2022-11-15

Reporting Person: CRAGUN KENNETH S (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-11-15	Common Stock	M	12500	—	Acquired	62500	Direct
2022-11-15	Common Stock	M	12500	—	Acquired	75000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-11-15	Restricted Stock Grant	$	M	12500	Disposed	2024-11-15	Common Stock (12500)	Direct
2022-11-15	Restricted Stock Grant	$	M	12500	Disposed	2026-05-15	Common Stock (12500)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Grant	$		Common Stock (2500000)	2500000	Direct

Footnotes

F1: Represents the vesting of restricted stock.

F2: On January 8, 2021, Mr. Cragun was granted 100,000 restricted shares of the Issuer's common stock, which vest semi-annually on each of May 15 and November 15 in equal tranches on such dates over a period of four (4) years, with the exception of the first tranche of 12,500 which vested on August 24, 2021.

F3: On May 21, 2021, Mr. Cragun was granted 100,000 restricted shares of the Issuer's common stock, which vest semi-annually on each of May 15 and November 15 in equal tranches on such dates over a period of four (4) years commencing on May 15, 2022.

F4: Each restricted stock unit is the economic equivalent of one share of common stock, par value $0.001, of BitNile Holdings, Inc.

F5: On September 6, 2022, Mr. Cragun was granted 2,500,000 restricted shares of Common Stock, of which 750,000 and 1,750,000 shares, respectively, shall vest on the second and fourth anniversary of the date of approval by the Issuer's stockholders of the grant, subject to receipt of approval therefor by the Issuer's stockholders and the NYSE American.