Hyperscale Data, Inc. — Director's Dealing 2021

Dec 4, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ault Global Holdings, Inc. (DPW)
CIK: 0000896493
Period of Report: 2021-12-01

Reporting Person: AULT MILTON C III (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-01	Common Stock	M	1250	—	Acquired	151125	Direct
2021-12-02	Common Stock	P	1000	$1.6084	Acquired	152125	Direct
2021-12-03	Common Stock	P	2000	$1.5195	Acquired	154125	Direct
2021-12-02	Common Stock	P	125000	$1.6231	Acquired	5530000	Indirect
2021-12-03	Common Stock	P	300000	$1.5653	Acquired	5830000	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-12-01	Restricted Stock Grant	$	M	1250	Disposed	2021-12-01	Common Stock (1250)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1658916	Indirect
Common Stock	3408	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Grant	$	2022-05-15	Common Stock (66667)	66667	Direct
Restricted Stock Grant	$	2024-05-15	Common Stock (400000)	400000	Direct

Footnotes

F1: Represents the vesting of restricted stock.

F2: The common stock was purchased by the reporting person in open market transactions on the transaction date, with a volume weighted average purchase price of $1.5195. The range of purchase prices on the transaction date was $1.4989 to $1.54 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each price.

F3: The common stock was purchased by Ault Alpha LP ("Ault Alpha") in open market transactions on the transaction date, with a volume weighted average purchase price of $1.6231. The range of purchase prices on the transaction date was $1.5954 to $1.6474 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each price.

F4: Milton C. Ault, III, is the Manager of Ault Alpha GP LLC ("Ault GP") and Ault Capital Management LLC ("AC Management"). Ault GP and AC Management are the general partner and investment manager to Ault Alpha, respectively. As such, Mr. Ault is deemed to beneficially own the shares held by Ault Alpha.

F5: The common stock was purchased by Ault Alpha in open market transactions on the transaction date, with a volume weighted average purchase price of $1.5653. The range of purchase prices on the transaction date was $1.5408 to $1.5969 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each price.

F6: Milton C. Ault, III, is the Chief Executive Officer of Ault & Company, Inc. ("Ault & Co.") and is deemed to beneficially own the shares held by Ault & Co.

F7: Ault & Co. is the Manager of Philou Ventures, LLC. Milton C. Ault, III, as the Chief Executive Officer of Ault & Co., is deemed to beneficially own the shares held by Ault & Co.

F8: Each restricted stock unit is the economic equivalent of one share of Common Stock, par value $0.001, of Ault Global Holdings, Inc.

F9: Mr. Ault received 1,250 restricted shares of the Issuer's Common Stock (the "Restricted Shares"), which vest ratably over forty-eight (48) months commencing on January 1, 2020, subject to earlier vesting upon achievement of certain milestones. On November 18, 2021, the Board of Directors of the Issuer approved an amendment to the vesting schedule whereby the Restricted Shares vested on December 1, 2021. All of the Restricted Shares were issued, including shares that previously vested but were unissued.

F10: On November 2, 2020, Mr. Ault was granted 200,000 Restricted Shares, which vest in three equal installments as follows: 66,666 shares on August 20, 2021, 66,667 shares on November 15, 2021, and 66,667 shares on May 15, 2022.

F11: On January 8, 2021, Mr. Ault was granted 400,000 Restricted Shares, which vest in four equal installments on each of November 15, 2022, May 1, 2023, November 15, 2023 and May 15, 2024.