Milton C. Ault III - 22 Oct 2021 Form 4 Insider Report for Alzamend Neuro, Inc. (ALZN)

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	ALZN	Call Option (right to buy)	Purchase	$5,051	+100	+33%	$50.51^*	400	22 Oct 2021	Common Stock	10,000	$2.50	By Digital Power Lending, LLC	F1, F2
transaction	ALZN	Call Option (right to buy)	Purchase	$10,665	+520	+104%	$20.51^*	1,020	22 Oct 2021	Common Stock	52,000	$5.00	By Digital Power Lending, LLC	F1, F2
holding	ALZN	Call Option (right to buy)						400	22 Oct 2021	Common Stock	40,000	$10.00	By Digital Power Lending, LLC	F1, F2
holding	ALZN	Call Option (right to buy)						50	22 Oct 2021	Common Stock	5,000	$7.50	By Digital Power Lending, LLC	F1, F2

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

Id	Content
F1	The security listed is an exchange-traded option contract. Exchange-traded options are immediately exercisable and remain exercisable until expiration.
F2	Digital Power Lending, LLC ("DPL") is a wholly-owned subsidiary of Ault Global Holdings, Inc. ("AGH"). Mr. Ault, the Executive Chairman of AGH, is deemed to have voting and investment power with respect to the securities held of record by DPL.