AI assistant
Hyperscale Data, Inc. — Director's Dealing 2023
Jan 12, 2023
34769_dirs_2023-01-11_f8223e23-9b32-4a57-9ad6-51c7c9b9cafc.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Ault Alliance, Inc. (AULT)
CIK: 0000896493
Period of Report: 2023-01-09
Reporting Person: AULT MILTON C III (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-01-09 | Common Stock | M | 300000 | — | Acquired | 809792 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-01-09 | Restricted Stock Grant | $ | M | 300000 | Disposed | 2023-01-09 | Common Stock (300000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 50000000 | Indirect |
| Common Stock | 1658916 | Indirect |
| Common Stock | 3408 | Indirect |
Footnotes
F1: Represents the vesting of restricted stock.
F2: 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 LP ("Ault Alpha"), respectively. As such, Mr. Ault is deemed to beneficially own the shares held by Ault Alpha.
F3: 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.
F4: 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 Philou Ventures, LLC.
F5: Each restricted stock unit is the economic equivalent of one share of common stock, par value $0.001, of Ault Alliance, Inc. (formerly, BitNile Holdings, Inc.) (the "Issuer").
F6: On January 8, 2021, Mr. Ault was granted 400,000 restricted shares of the Issuer's common stock, which initially vest in four equal installments on each of November 15, 2022, May 1, 2023, November 15, 2023 and May 15, 2024. In November 2022, the Issuer's stockholders, at the Issuer's annual stockholder meeting, approved the acceleration of the vesting of the last three tranches, after approval by the NYSE American. The final 300,000 shares of the Issuer's common stock were issued on January 9, 2023.