Kenneth S. Cragun - Nov 9, 2021 Form 4 Insider Report for Ault Global Holdings, Inc. (AULT)

Role
Chief Financial Officer
Signature
/s/ Kenneth S. Cragun
Stock symbol
AULT
Transactions as of
Nov 9, 2021
Transactions value $
$0
Form type
4
Date filed
11/12/2021, 08:30 PM
Previous filing
Aug 26, 2021
Next filing
Nov 17, 2021

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 Stock Options (Right to Buy) Award $0 +300K $0.00 300K Nov 9, 2021 Common Stock 300K $2.19 Direct F1
holding AULT Stock Options (Right to Buy) 150K Nov 9, 2021 Common Stock 150K $2.51 Direct F2
holding AULT Stock Options (Right to Buy) 250K Nov 9, 2021 Common Stock 250K $2.51 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 9, 2021, the Board of Directors of the Issuer granted stock options to Mr. Cragun to purchase 300,000 shares of the Issuer's common stock, which options shall vest in equal monthly increments commencing on January 1, 2023, and ending on December 1, 2024. The stock options, which were issued outside of any Issuer stock incentive plan, will be exercisable upon vesting, subject to receipt of approval of the option grants by the NYSE American and the Issuer's stockholders.
F2 Mr. Cragun was granted stock options to purchase 150,000 shares of the Issuer's Common Stock, which options vest monthly in 1/48th increments beginning on September 1, 2021.
F3 Mr. Cragun was granted stock options to purchase 250,000 shares of the Issuer's common stock, of which 15% of the options vested on August 24, 2021, and the remaining options vest monthly in 1/40th increments.