William B. Horne - Nov 9, 2021 Form 4 Insider Report for Ault Global Holdings, Inc. (AULT)

Role
Chief Executive Officer, Director
Signature
/s/ William B. Horne
Stock symbol
AULT
Transactions as of
Nov 9, 2021
Transactions value $
$0
Form type
4
Date filed
11/12/2021, 08:32 PM
Previous filing
Sep 10, 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 +800K $0.00 800K Nov 9, 2021 Common Stock 800K $2.19 Direct F1
holding AULT Stock Options (Right to Buy) 200K Nov 9, 2021 Common Stock 200K $1.79 Direct F2
holding AULT Stock Options (Right to Buy) 400K Nov 9, 2021 Common Stock 400K $2.55 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. Horne to purchase 800,000 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. Horne was granted stock options to purchase 200,000 shares of the Issuer's common stock, which options vest in equal monthly increments commencing on September 17, 2020, and ending on September 17, 2022.
F3 Mr. Horne was granted stock options to purchase 400,000 shares of the Issuer's common stock, which options shall vest in four equal installments on each of November 15, 2022, May 1, 2023, November 15, 2023 and May 15, 2024.