Ault & Company, Inc. 4
4 · Ault Global Holdings, Inc. · Filed Jun 21, 2021
Insider Transaction Report
Form 4
Ault & Company, Inc.
10% Owner
Transactions
- Conversion
8% Convertible Promissory Note
2021-05-12$1000000.00/sh−0$0Exercise: $1.45From: 2020-07-22→ Common Stock (275,862 underlying) - Conversion
Common Stock
2021-05-12$1.45/sh+275,862$400,000→ 1,354,829 total - Purchase
Common Stock
2021-06-18$2.69/sh+5,587$15,029→ 1,360,416 total
Footnotes (3)
- [F1]On February 5, 2020, the Issuer sold and issued an 8% Convertible Promissory Note in the principal amount of $1,000,000 (the "Note") to the Reporting Person, which Note was convertible into shares of the Issuer's common stock, par value $0.001 per share (the "Common Stock") at a conversion price of $1.45 per share. On May 12, 2021, the Reporting Person converted the remaining $400,000 of principal of the Note into 275,862 shares of Common Stock.
- [F2]The Note was convertible, at the election of the Reporting Person, prior to payment, or prepayment, in full.
- [F3]Excludes shares issuable at the election of the Reporting Person upon conversion of accrued interest into shares of Common Stock.