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Hyperscale Data, Inc. — Director's Dealing 2017
Nov 28, 2017
34769_dirs_2017-11-28_2245b80b-bdc0-4281-a35c-0f0cc9ae0b4a.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: 2017-11-22
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 (1000000) | Direct |
Footnotes
F1: For his services, Mr. Horne received 200,000 shares of common stock of which fifty percent (50%) of such common stock shall immediately vest with the remaining balance to vest once Avalanche International Corporation is current with its periodic reports with the SEC.
F2: The options have the following vesting schedule: The options shall vest ratably over 48 months beginning with the first month after November 22, 2017.
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