Hyperscale Data, Inc. — Director's Dealing 2021

Aug 25, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ault Global Holdings, Inc. (DPW)
CIK: 0000896493
Period of Report: 2021-08-20

Reporting Person: Horne William B. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-08-20	Common Stock	M	66666	—	Acquired	68722	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-08-20	Restricted Stock Grant	$	M	66666	Disposed	2022-05-15	Common Stock (66666)	Direct
2021-08-20	Restricted Stock Grant	$	A	400000	Acquired	2024-05-15	Common Stock (400000)	Direct
2021-08-20	Stock Options (Right to Buy)	$4.49	D	400000	Disposed	2031-01-07	Common Stock (400000)	Direct
2021-08-20	Stock Options (Right to Buy)	$2.55	A	400000	Acquired	2031-01-07	Common Stock (400000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Grant	$	2024-01-01	Common Stock (750)	750	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 November 2, 2020, Mr. Horne was granted 200,000 restricted shares of the Issuer's Common Stock (the "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. The grant of Restricted Shares was approved at the Issuer's Annual Meeting of Stockholders on August 13, 2021, and authorized by the NYSE American on August 20, 2021.

F4: On January 8, 2021, Mr. Horne was granted 400,000 Restricted Shares, which vest in four installments on each of November 15, 2022, May 1, 2023, November 15, 2023 and May 15, 2024. The grant of Restricted Shares was approved at the Issuer's Annual Meeting of Stockholders on August 13, 2021, and authorized by the NYSE American on August 20, 2021.

F5: On April 26, 2021, the Issuer's Board of Directors approved an option repricing effective August 20, 2021, which resulted in, for purposes of Section 16 of the Exchange Act, the cancellation of these stock options granted to Mr. Horne on January 8, 2021, in exchange for new stock options (the "Options") having a lower exercise price of $2.55 per share. All of the other terms of the Options remained unchanged. The Options were approved at the Issuer's Annual Meeting of Stockholders on August 13, 2021, and authorized by the NYSE American on August 20, 2021.

F6: Mr. Horne received 1,250 Restricted Shares which vest in installments of 250 shares annually over five (5) years beginning on January 1, 2019, subject to earlier vesting upon achievement of certain milestones.