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Hyperscale Data, Inc. Director's Dealing 2017

May 11, 2017

34769_dirs_2017-05-11_cf1c1a75-6cc3-47cf-9093-282999a055cc.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DIGITAL POWER CORP (DPW)
CIK: 0000896493
Period of Report: 2017-05-09

Reporting Person: Ault Kristine L (Director, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-05-09 Common Stock P 150 $0.577 Acquired 1950 Direct
2017-05-10 Common Stock P 100 $0.559 Acquired 2150 Direct
2017-05-11 Common Stock P 300 $0.559 Acquired 2450 Direct
2017-05-11 Common Stock P 100 $0.556 Acquired 2550 Direct
2017-05-11 Common Stock P 300 $0.56 Acquired 2850 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 2725860 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Series B Convertible Preferred Stock $0.7000 Common Stock (1071429) 75000 Direct

Footnotes

F1: These shares are owned by Philou Ventures, LLC, of which the Reporting Person is the Manager.

F2: The shares of Series B Convertible Preferred Stock (the "Shares") are convertible upon the earlier to occur of (i) 60 months from March 24, 2017, or (ii) upon the filing by the Issuer of one or more periodic reports that, singly or collectively, evidence(s) that the Issuer's gross revenues have reached no less than $10,000,000 in the aggregate, on a consolidated reporting basis, over four consecutive quarters in accordance with U.S. GAAP. There is no expiration date applicable to the conversion of the Shares.