Horne William B. 4
4 · Ault Alliance, Inc. · Filed Jan 11, 2023
Insider Transaction Report
Form 4
Horne William B
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Restricted Stock Grant
2023-01-09−300,000→ 0 totalExp: 2023-01-09→ Common Stock (300,000 underlying) - Exercise/Conversion
Common Stock
2023-01-09+300,000→ 603,306 total
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. Horne 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.