AI assistant
Hyperscale Data, Inc. — Director's Dealing 2017
Mar 6, 2017
34769_dirs_2017-03-06_04a2c2fa-1d10-4244-9d32-ac89bb326d7c.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: DIGITAL POWER CORP (DPW)
CIK: 0000896493
Period of Report: 2017-02-22
Reporting Person: KOHN AMOS (Director, CEO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-22 | Warrant | $0.01 | A | 317460 | Acquired | 2026-11-30 | Common Stock (317460) | Direct |
Footnotes
F1: On February 22, 2017, the Company and Amos Kohn agreed to amend his November 30, 2016 employment agreement to clarify that Mr. Kohn will receive a warrant, subject to vesting, to purchase 317,460 shares of common stock at a $0.01 per share in lieu of the issuance of a one-time restricted stock signing bonus. The warrant shall be subject to vesting of which warrants to purchase 39,682 shares shall vest beginning on January 1, 2017, and on the first date of each quarter thereafter (i.e., April 1, July 1, and October 1) through July 1, 2018, with warrants to purchase 39,686 shares to vest on October 1, 2018.