Bentz Jeffrey Allen 4
4 · Ault Alliance, Inc. · Filed Jan 11, 2023
Insider Transaction Report
Form 4
Bentz Jeff Acosta
Director
Transactions
- Exercise/Conversion
Common Stock
2023-01-09+25,000→ 150,000 total - Exercise/Conversion
Restricted Stock Grant
2023-01-09−25,000→ 0 totalExp: 2023-01-09→ Common Stock (25,000 underlying)
Footnotes (3)
- [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. Bentz was granted 50,000 restricted shares of the Issuer's common stock, which initially vest in four equal installments on each of May 15, 2022, November 15, 2022, May 1, 2023 and November 15, 2023. In November 2022, the Issuer's stockholders, at the Issuer's annual stockholder meeting, approved the acceleration of the vesting of the last two tranches, after approval by the NYSE American. The final 25,000 shares of the Issuer's common stock were issued on January 9, 2023.