Ault Disruptive Technologies Company, LLC - Dec 15, 2021 Form 3 Insider Report for Ault Disruptive Technologies Corp (ADRT)

Role
10%+ Owner
Signature
/s/ Henry C.W. Nisser, as Manager of Ault Disruptive Technologies Company, LLC
Stock symbol
ADRT
Transactions as of
Dec 15, 2021
Transactions value $
$0
Form type
3
Date filed
12/22/2021, 03:53 PM
Next filing
Dec 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ADRT Common Stock 2.88M Dec 15, 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares represent shares of common stock of Ault Disruptive Technologies Corporation (the "Company"), held by Ault Disruptive Technologies Company, LLC (the "Sponsor"), acquired pursuant to a subscription agreement by and among the Sponsor and the Company. The shares of common stock held by the Sponsor are not subject to forfeiture because the underwriters of the initial public offering of the Company exercised their over-allotment option in full.
F2 Henry C.W. Nisser, the President and General Counsel of the Company, is the Manager of the Sponsor. By virtue of this relationship, Mr. Nisser may be deemed to share beneficial ownership of the securities held of record by the Sponsor. Mr. Nisser disclaims any such beneficial ownership except to the extent of his pecuniary interest.