Hyperscale Data, Inc. — Director's Dealing 2019

May 7, 2019

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: DPW Holdings, Inc. (DPW)
CIK: 0000896493
Period of Report: 2019-05-01

Reporting Person: Nisser Henry (N/A)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	250000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options	$0.22	2026-05-01	Common Stock (200000)		Direct

Footnotes

F1: The Issuer and the Reporting Person entered into an employment agreement with an effective date of May 1, 2019 (the "Agreement"). Pursuant to the Agreement, Mr. Nisser received a grant of 200,000 shares of Common Stock, which shall vest ratably over 48 months beginning with the first month after the effective date.

F2: Pursuant to the Agreement, Mr. Nisser received an option to purchase 200,000 shares of Common Stock at a per share exercise price equal to the closing market price on the effective date, which option has a term of seven (7) years.