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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.