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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.