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Filing Details

Accession Number:: 0001214659-21-012709
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-12-03 18:10:13
Reporting Period:: 2021-12-01

Accepted Time:: 2021-12-03 18:10:13
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
896493	Ault Global Holdings Inc.	DPW	Electronic Components, Nec (3679)	941721931

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1212502	Iii C Milton Ault	11411 Southern Highlands Parkway Suite 240 Las Vegas NV 89141	Executive Chairman	No	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2021-12-01	1,250	$0.00	151,125	No	4	M	Direct
Common Stock	Acquisiton	2021-12-02	1,000	$1.61	152,125	No	4	P	Direct
Common Stock	Acquisiton	2021-12-03	2,000	$1.52	154,125	No	4	P	Direct
Common Stock	Acquisiton	2021-12-02	125,000	$1.62	5,530,000	No	4	P	Indirect	By Ault Alpha LP
Common Stock	Acquisiton	2021-12-03	300,000	$1.57	5,830,000	No	4	P	Indirect	By Ault Alpha LP

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	P	Direct
No	4	P	Direct
No	4	P	Indirect	By Ault Alpha LP
No	4	P	Indirect	By Ault Alpha LP

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Grant	Disposition	2021-12-01	1,250	$0.00	1,250	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2021-12-01	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	1,658,916	Indirect	By Ault & Company, Inc.
Common Stock	3,408	Indirect	By Philou Ventures, LLC

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Restricted Stock Grant	$0.00		2022-05-15	66,667	66,667	Direct
Common Stock	Restricted Stock Grant	$0.00		2024-05-15	400,000	400,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2022-05-15	66,667	66,667	Direct
2024-05-15	400,000	400,000	Direct

Footnotes

Represents the vesting of restricted stock.
The common stock was purchased by the reporting person in open market transactions on the transaction date, with a volume weighted average purchase price of $1.5195. The range of purchase prices on the transaction date was $1.4989 to $1.54 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each price.
The common stock was purchased by Ault Alpha LP ("Ault Alpha") in open market transactions on the transaction date, with a volume weighted average purchase price of $1.6231. The range of purchase prices on the transaction date was $1.5954 to $1.6474 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each price.
Milton C. Ault, III, is the Manager of Ault Alpha GP LLC ("Ault GP") and Ault Capital Management LLC ("AC Management"). Ault GP and AC Management are the general partner and investment manager to Ault Alpha, respectively. As such, Mr. Ault is deemed to beneficially own the shares held by Ault Alpha.
The common stock was purchased by Ault Alpha in open market transactions on the transaction date, with a volume weighted average purchase price of $1.5653. The range of purchase prices on the transaction date was $1.5408 to $1.5969 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each price.
Milton C. Ault, III, is the Chief Executive Officer of Ault & Company, Inc. ("Ault & Co.") and is deemed to beneficially own the shares held by Ault & Co.
Ault & Co. is the Manager of Philou Ventures, LLC. Milton C. Ault, III, as the Chief Executive Officer of Ault & Co., is deemed to beneficially own the shares held by Ault & Co.
Each restricted stock unit is the economic equivalent of one share of Common Stock, par value $0.001, of Ault Global Holdings, Inc.
Mr. Ault received 1,250 restricted shares of the Issuer's Common Stock (the "Restricted Shares"), which vest ratably over forty-eight (48) months commencing on January 1, 2020, subject to earlier vesting upon achievement of certain milestones. On November 18, 2021, the Board of Directors of the Issuer approved an amendment to the vesting schedule whereby the Restricted Shares vested on December 1, 2021. All of the Restricted Shares were issued, including shares that previously vested but were unissued.
On November 2, 2020, Mr. Ault was granted 200,000 Restricted Shares, which vest in three equal installments as follows: 66,666 shares on August 20, 2021, 66,667 shares on November 15, 2021, and 66,667 shares on May 15, 2022.
On January 8, 2021, Mr. Ault was granted 400,000 Restricted Shares, which vest in four equal installments on each of November 15, 2022, May 1, 2023, November 15, 2023 and May 15, 2024.