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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Put Option (obligation to buy) | $ 2.5 | 11/04/2021 | S(1) | 50 | (2) | 05/20/2022 | Common Stock | 5,000 | $ 96.488 | 50 | I | By Digital Power Lending, LLC (3) | |||
Call Option (right to buy) | $ 2.5 | (2) | 05/20/2022 | Common Stock | 15,000 | 150 | I | By Digital Power Lending, LLC (3) | |||||||
Call Option (right to buy) | $ 2.5 | (2) | 02/18/2022 | Common Stock | 40,000 | 400 | I | By Digital Power Lending, LLC (3) | |||||||
Call Option (right to buy) | $ 5 | (2) | 02/18/2022 | Common Stock | 102,000 | 1,020 | I | By Digital Power Lending, LLC (3) | |||||||
Call Option (right to buy) | $ 10 | (2) | 02/18/2022 | Common Stock | 40,000 | 400 | I | By Digital Power Lending, LLC( (3) | |||||||
Call Option (right to buy) | $ 7.5 | (2) | 02/18/2022 | Common Stock | 5,000 | 50 | I | By Digital Power Lending, LLC (3) |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
AULT MILTON C III 3802 SPECTRUM BOULEVARD, SUITE 112C TAMPA, FL 33612 |
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/s/ Milton C. Ault, III | 11/08/2021 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Digital Power Lending, LLC ("DPL") wrote 50 put option contracts expiring in May 2022 which provide that DPL will be required to purchase shares of common stock at the stated strike price if the counterparty exercises such put options. |
(2) | The security listed is an exchange-traded option contract. Exchange-traded options are immediately exercisable and remain exercisable until expiration. |
(3) | DPL is a wholly-owned subsidiary of Ault Global Holdings, Inc. ("AGH"). Mr. Ault, the Executive Chairman of AGH, is deemed to have voting and investment power with respect to the securities held of record by DPL. |