Form 4 for BTCS BTCS Inc.
Accepted 2022-02-23 00:00:00 ET · period of report 2022-02-22 · accession 0001493152-22-005230 · 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 | 2022-02-23 | 2022-02-22 | BTCS | Paranjape Manish | CTO | A - Grant | $0.00 | +205.9K | 85.8K | 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 | 2022-02-22 | A | A | 45,767 | $0.00 | 45,767 | D | — | — | (F6) The vesting and delivery of the shares of common stock underlying the reported securities are subject to the receipt of shareholder approval approving an increase in the authorized shares under 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 as follows: (i) one-fifth on February 22, 2023 and (ii) the remaining in 48 equal (monthly) increments, with each vesting tranche being subject to continued employment on such applicable vesting date. |
| 2 | Common | Common Stock | 2022-02-22 | A | A | 40,046 | $0.00 | 165,905 | D | — | — | (F6) The vesting and delivery of the shares of common stock underlying the reported securities are subject to the receipt of shareholder approval approving an increase in the authorized shares under the 2021 Equity Incentive Plan or the creation of a new plan as required under Nasdaq rules. (F4) Represents long-term incentive restricted stock units. Each long-term incentive restricted stock unit represents a contingent right to receive one share of the issuer's common stock. The long-term incentive 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 Transaction Date, and the remaining 80% of the restricted stock units will vest monthly over the four years following the one year anniversary of the Transaction Date. |
| 3 | Common | Common Stock | 2022-02-22 | A | A | 40,046 | $0.00 | 125,859 | D | — | — | (F3) Represents long-term incentive restricted stock units. Each long-term incentive restricted stock unit represents a contingent right to receive one share of the issuer's common stock. The long-term incentive 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 Transaction Date, and the remaining 80% of the restricted stock units will vest monthly over the four years following the one year anniversary of the Transaction Date. (F6) The vesting and delivery of the shares of common stock underlying the reported securities are subject to the receipt of shareholder approval approving an increase in the authorized shares under the 2021 Equity Incentive Plan or the creation of a new plan as required under Nasdaq rules. |
| 4 | Common | Common Stock | 2022-02-22 | A | A | 40,045 | $0.00 | 205,950 | D | — | — | (F5) Represents long-term incentive restricted stock units. Each long-term incentive restricted stock unit represents a contingent right to receive one share of the issuer's common stock. The long-term incentive 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 Transaction Date, and the remaining 80% of the restricted stock units will vest monthly over the four years following the one year anniversary of the Transaction Date. (F6) The vesting and delivery of the shares of common stock underlying the reported securities are subject to the receipt of shareholder approval approving an increase in the authorized shares under the 2021 Equity Incentive Plan or the creation of a new plan as required under Nasdaq rules. |
| 5 | Common | Common Stock | 2022-02-22 | A | A | 40,046 | $0.00 | 85,813 | D | — | — | (F6) The vesting and delivery of the shares of common stock underlying the reported securities are subject to the receipt of shareholder approval approving an increase in the authorized shares under the 2021 Equity Incentive Plan or the creation of a new plan as required under Nasdaq rules. (F2) Represents long-term incentive restricted stock units. Each long-term incentive restricted stock unit represents a contingent right to receive one share of the issuer's common stock. The long-term incentive 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 of the Transaction Date, and the remaining 80% of the restricted stock units will vest monthly over the four years following the one year anniversary of the Transaction Date. |