Hyperscale Data, Inc. — Director's Dealing 2019

Jan 10, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DPW Holdings, Inc. (DPW)
CIK: 0000896493
Period of Report: 2019-01-10

Reporting Person: Horne William B (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-01-10	Common Stock	P	25000	$0.115	Acquired	1045000	Direct

Footnotes

F1: For his services, Mr. Horne received 1,000,000 shares of restricted common stock which shares shall vest in installments of two hundred thousand (200,000) shares annually over five (5) years beginning on January 1, 2019; provided, however, that such shares may, in whole or in part, in the discretion of the Compensation Committee of the Issuer, vest immediately upon the filing of the Issuer's Annual Report on Form 10-K with the Securities and Exchange Commission that shows that the Issuer's revenues for the applicable fiscal year reached or exceeded $100,000,000; notwithstanding the foregoing, before the Issuer accelerates any such vesting, the Issuer's Compensation Committee must prior thereto have obtained the consent of Mr. Horne, which consent may be withheld in his discretion.