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Hyperscale Data, Inc. — Director's Dealing 2021
Aug 26, 2021
34769_dirs_2021-08-26_9a3d4475-ffc6-4bd4-9a8e-2a1c15fec43a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Ault Global Holdings, Inc. (DPW)
CIK: 0000896493
Period of Report: 2021-08-24
Reporting Person: CRAGUN KENNETH S (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-08-24 | Common Stock | M | 12500 | — | Acquired | 12500 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-08-24 | Restricted Stock Grant | $ | M | 12500 | Disposed | 2024-11-15 | Common Stock (12500) | Direct |
| 2021-08-24 | Stock Options (Right to Buy) | $2.51 | A | 150000 | Acquired | 2025-08-23 | Common Stock (150000) | Direct |
| 2021-08-24 | Stock Options (Right to Buy) | $4.49 | D | 250000 | Disposed | 2031-01-07 | Common Stock (250000) | Direct |
| 2021-08-24 | Stock Options (Right to Buy) | $2.51 | A | 250000 | Acquired | 2031-08-23 | Common Stock (250000) | Direct |
Footnotes
F1: Represents the vesting of restricted stock.
F2: Each restricted stock unit is the economic equivalent of one share of Common Stock, par value $0.001, of Ault Global Holdings, Inc.
F3: On January 8, 2021, Mr. Cragun was granted 100,000 restricted shares of the Issuer's Common Stock (the "Restricted Shares"), which vest semi-annually on each of May 15 and November 15 in equal tranches on such dates over a period of four (4) years, with the exception of the first tranche of 12,500 which vested on August 24, 2021.
F4: On August 24, 2021, Mr. Cragun was granted stock options (the "Options") to purchase 150,000 shares of the Issuer's Common Stock, which Options vest monthly in 1/48th increments beginning on September 1, 2021.
F5: On April 26, 2021, the Issuer's Board of Directors approved an option repricing effective August 24, 2021, which resulted in, for purposes of Section 16 of the Exchange Act, the cancellation of these Options granted to Mr. Cragun on January 8, 2021, in exchange for new Options having a lower exercise price of $2.51 per share. 15% of the Options vested on August 24, 2021, and the remaining Options vest monthly in 1/40th increments.