DIGITAL POWER CORP 4
4 · DIGITAL POWER CORP · Filed May 11, 2017
Insider Transaction Report
Form 4
Ault Kristine L
Director
Transactions
- Purchase
Common Stock
2017-05-09$0.58/sh+150$87→ 1,950 total - Purchase
Common Stock
2017-05-10$0.56/sh+100$56→ 2,150 total - Purchase
Common Stock
2017-05-11$0.56/sh+300$168→ 2,450 total - Purchase
Common Stock
2017-05-11$0.56/sh+100$56→ 2,550 total - Purchase
Common Stock
2017-05-11$0.56/sh+300$168→ 2,850 total
Holdings
- 2,725,860(indirect: By LLC)
Common Stock
- 75,000
Series B Convertible Preferred Stock
Exercise: $0.70→ Common Stock (1,071,429 underlying)
Footnotes (2)
- [F1]These shares are owned by Philou Ventures, LLC, of which the Reporting Person is the Manager.
- [F2]The shares of Series B Convertible Preferred Stock (the "Shares") are convertible upon the earlier to occur of (i) 60 months from March 24, 2017, or (ii) upon the filing by the Issuer of one or more periodic reports that, singly or collectively, evidence(s) that the Issuer's gross revenues have reached no less than $10,000,000 in the aggregate, on a consolidated reporting basis, over four consecutive quarters in accordance with U.S. GAAP. There is no expiration date applicable to the conversion of the Shares.