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Hyperscale Data, Inc. Director's Dealing 2017

Dec 13, 2017

34769_dirs_2017-12-13_3c9894ea-d2b2-4468-b940-730e36e212e7.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: 2017-06-19

Reporting Person: KOHN AMOS (Director, CEO)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-06-19 Series C Preferred Stock $0.60 J 21666 Acquired Common Stock (86664) Direct
2017-06-19 Warrants $1 J 86667 Acquired 2022-06-19 Common Stock (86667) Direct

Footnotes

F1: Each share of Series C Preferred Stock is convertible into four shares of common stock at the option of the holder thereof, or upon mandatorily upon other certain conditions being met, subject to adjustment. Each share of Series C Preferred Stock is subject to redemption at the Company's option beginning on the fifth anniversary. There is no expiration date.

F2: Each Warrant has the right to purchase one share of common stock at $1.00 per share.