Robert O. Smith - 20 Aug 2021 Form 4 Insider Report for Ault Global Holdings, Inc. (GPUS)

Role: Director
Signature: /s/ Robert O. Smith
Issuer symbol: GPUS
Transactions as of: 20 Aug 2021
Net transactions value: $0
Form type: 4
Filing time: 24 Aug 2021, 19:35:28 UTC
Next filing: 21 Sep 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AULT	Common Stock	Options Exercise	$0	+50,000		$0.000000	50,000	20 Aug 2021	Direct	F1
holding	AULT	Common Stock						55	20 Aug 2021	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	AULT	Restricted Stock Grant	Options Exercise	$0	-50,000	-50%	$0.000000	50,000	20 Aug 2021	Common Stock	50,000		Direct	F3, F4
transaction	AULT	Restricted Stock Grant	Award	$0	+50,000		$0.000000	50,000	20 Aug 2021	Common Stock	50,000		Direct	F3, F5
transaction	AULT	Stock Options (Right to Buy)	Disposed to Issuer		-150,000	-100%		0	20 Aug 2021	Common Stock	150,000	$4.49	Direct	F6
transaction	AULT	Stock Options (Right to Buy)	Award		+150,000			150,000	20 Aug 2021	Common Stock	150,000	$2.55	Direct	F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the vesting of restricted stock.
F2	Includes warrants to purchase 54 shares of common stock that are exercisable within 60 days of the Record Date.
F3	Each restricted stock unit is the economic equivalent of one share of Common Stock, par value $0.001, of Ault Global Holdings, Inc.
F4	On November 2, 2020, Mr. Smith was granted 100,000 restricted shares of the Issuer's Common Stock (the "Restricted Shares"), which vest in two equal installments on each of August 20, 2021, and November 15, 2021. The grant of Restricted Shares was approved at the Issuer's Annual Meeting of Stockholders on August 13, 2021, and authorized by the NYSE American on August 20, 2021.
F5	On January 8, 2021, Mr. Smith was granted 50,000 shares of the Issuer's Common Stock (the "Restricted Shares"), which vest in four installments on each of May 15, 2022, November 15, 2022, May 1, 2023 and November 15, 2023. The grant of Restricted Shares was approved at the Issuer's Annual Meeting of Stockholders on August 13, 2021, and authorized by the NYSE American on August 20, 2021.
F6	On April 26, 2021, the Issuer's Board of Directors approved an option repricing effective August 20, 2021, which resulted in, for purposes of the Exchange Act, the cancellation of these stock options granted to Mr. Smith on January 8, 2021, in exchange for new stock options (the "Options") having a lower exercise price of $2.55 per share. All of the other terms of the Options remained unchanged. The Options were approved at the Issuer's Annual Meeting of Stockholders on August 13, 2021, and authorized by the NYSE American on August 20, 2021.