Hyperscale Data, Inc. — Director's Dealing 2022

Sep 10, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BitNile Holdings, Inc. (NILE)
CIK: 0000896493
Period of Report: 2022-09-06

Reporting Person: SMITH ROBERT O (N/A)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-09-06	Stock Option (Right to Buy)	$0.29	A	2500000	Acquired	2032-09-05	Common Stock (2500000)	Direct
2022-09-06	Restricted Stock Grant	$	A	1500000	Acquired		Common Stock (1500000)	Direct

Footnotes

F1: On September 6, 2022, Mr. Smith was granted options to purchase 2,500,000 shares of common stock, par value $0.001 per share ("Common Stock") of BitNile Holdings, Inc. (the "Issuer"), which shall vest in equal monthly increments over 48 months, beginning January 1, 2023 through December 1, 2026, which will be exercisable subject to receipt of approval therefor by the Issuer's stockholders and the NYSE American.

F2: Each restricted stock unit is the economic equivalent of one share of Common Stock.

F3: On September 6, 2022, Mr. Smith was granted 1,500,000 restricted shares of Common Stock, of which 500,000 and 1,000,000 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.