Milton C. Ault III - 02 Nov 2021 Form 4 Insider Report for Alzamend Neuro, Inc. (ALZN)

Role
10%+ Owner
Signature
/s/ Milton C. Ault, III
Issuer symbol
ALZN
Transactions as of
02 Nov 2021
Net transactions value
+$11,726
Form type
4
Filing time
04 Nov 2021, 17:00:45 UTC
Previous filing
25 Oct 2021
Next filing
08 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALZN Common Stock Options Exercise $0 +100,000 +67% $0.000000 250,000 03 Nov 2021 Direct F1
holding ALZN Common Stock 6,720,388 02 Nov 2021 By Digital Power Lending, LLC F2
holding ALZN Common Stock 15,000,000 02 Nov 2021 By Ault Life Sciences, Inc. F3
holding ALZN Common Stock 10,000,000 02 Nov 2021 By Ault Life Sciences Fund, LLC F4

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 Stock Options (Right to Buy) Options Exercise $0 -100,000 -4.3% $0.000000 2,250,000 03 Nov 2021 Common Stock 100,000 $0.000400 Direct F5
transaction ALZN Call Option (right to buy) Purchase $3,975 +50 $79.51* 50 02 Nov 2021 Common Stock 5,000 $2.50 By Digital Power Lending, LLC F2, F6
transaction ALZN Call Option (right to buy) Purchase $7,751 +100 +200% $77.51* 150 03 Nov 2021 Common Stock 10,000 $2.50 By Digital Power Lending, LLC F2, F6
holding ALZN Call Option (right to buy) 400 02 Nov 2021 Common Stock 40,000 $2.50 By Digital Power Lending, LLC F2, F6
holding ALZN Call Option (right to buy) 1,020 02 Nov 2021 Common Stock 102,000 $2.50 By Digital Power Lending, LLC( F2, F6
holding ALZN Call Option (right to buy) 400 02 Nov 2021 Common Stock 40,000 $10.00 By Digital Power Lending, LLC F2, F6
holding ALZN Call Option (right to buy) 50 02 Nov 2021 Common Stock 5,000 $7.50 By Digital Power Lending, LLC F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to Rule 16b-3 with shares of common stock received upon the exercise of stock options.
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.
F3 Mr. Ault has sole voting and investment power with respect to the securities held of record by Ault Life Sciences, Inc.
F4 Mr. Ault has sole voting and investment power with respect to the securities held of record by Ault Life Sciences Fund, LLC.
F5 The stock options exercised in this transaction were fully vested and exercisable as of the transaction date.
F6 The security listed is an exchange-traded option contract. Exchange-traded options are immediately exercisable and remain exercisable until expiration.