Hyperscale Data, Inc. — Director's Dealing 2023

Jan 12, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ault Alliance, Inc. (AULT)
CIK: 0000896493
Period of Report: 2023-01-09

Reporting Person: CRAGUN KENNETH S (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-09	Common Stock	M	125000	—	Acquired	200000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-01-09	Restricted Stock Grant	$	M	50000	Disposed	2023-01-09	Common Stock (50000)	Direct
2023-01-09	Restricted Stock Grant	$	M	75000	Disposed	2023-01-09	Common Stock (75000)	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 Alliance, Inc. (formerly, BitNile Holdings, Inc.) (the "Issuer").

F3: On January 8, 2021, Mr. Cragun was granted 100,000 restricted shares of the Issuer's common stock, which initially 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. Effective January 9, 2023, the Issuer approved the acceleration of the vesting of the last four tranches. The final 50,000 shares of the Issuer's common stock were issued on January 9, 2023.

F4: On May 21, 2021, Mr. Cragun was granted 100,000 restricted shares of the Issuer's common stock, which initially vest semi-annually on each of May 15 and November 15 in equal tranches on such dates over a period of four (4) years commencing on May 15, 2022. Effective January 9, 2023, the Issuer approved the acceleration of the vesting of the last six tranches. The final 75,000 shares of the Issuer's common stock were issued on January 9, 2023.