Hyperscale Data, Inc. — Director's Dealing 2017

Mar 27, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DIGITAL POWER CORP (DPW)
CIK: 0000896493
Period of Report: 2017-03-24

Reporting Person: Ault Kristine L (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-03-24	Series B Convertible Preferred Stock	$0.70	J	25000	Acquired		Common Stock (357143)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2725860	Indirect
Common Stock	1800	Direct

Footnotes

F1: These shares are owned by Philou Ventures, LLC, of which the Reporting Person is the Manager.

F2: The shares of Series B Convertible Preferred Stock (the "Shares") are convertible upon the earlier to occur of (i) 60 months from March 24, 2017, or (ii) upon the filing by the Issuer of one or more periodic reports that, singly or collectively, evidence(s) that the Issuer's gross revenues have reached no less than $10,000,000 in the aggregate, on a consolidated reporting basis, over four consecutive quarters in accordance with U.S. GAAP. There is no expiration date applicable to the conversion of the Shares.