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Hyperscale Data, Inc. Director's Dealing 2017

Dec 1, 2017

34769_dirs_2017-12-01_591751d7-6656-42b5-bb97-7d3de23d90da.zip

Director's Dealing

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SEC Form 4/A — Form 4/A

Issuer: DIGITAL POWER CORP (DPW)
CIK: 0000896493
Period of Report: 2017-11-22

Reporting Person: Horne William B (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-11-22 Common Stock A 200000 Acquired 200000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-11-22 Options $0.63 A 1000000 Acquired 2027-11-22 Common Stock (0) Direct

Footnotes

F1: On its original Form 4, the reporting person indicated that for services, he was issued (a) 200,000 shares of common stock of which fifty percent (50%) of such common stock shall immediately vest with the remaining balance vesting once Avalanche International Corporation is current with its periodic reports with the SEC; and (b) options to purchase 1,000,000 shares of common stock at $0.63 per share which shall vest ratably over 48 months. This amendment will clarify that the forgoing issuances of common stock and stock options are subject to shareholder approval in order to comply with NYSE American LLC Company Guide and therefore are not deemed to be issued. This filing is made only for informational purposes.