Form 4 for BTCS BTCS Inc.
Accepted 2022-01-04 00:00:00 ET · period of report 2022-01-02 · accession 0001493152-22-000363 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2022-01-04 | 2022-01-02 | BTCS | Prevoznik Michael Edward JR | CFO | A - Grant | $0.00 | +222.2K | 222.2K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-01-02 | A | A | 55,556 | $0.00 | 166,668 | D | — | — | (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. (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. |
| 2 | Common | Common Stock | 2022-01-02 | A | A | 55,556 | $0.00 | 111,112 | D | — | — | (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. (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. |
| 3 | Common | Common Stock | 2022-01-02 | A | A | 55,556 | $0.00 | 55,556 | D | — | — | (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. (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. |
| 4 | Common | Common Stock | 2022-01-02 | A | A | 55,556 | $0.00 | 222,224 | D | — | — | (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. (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. |