Milton C. Ault III - Mar 4, 2022 Form 4 Insider Report for Alzamend Neuro, Inc. (ALZN)

Role
10%+ Owner
Signature
/s/ Milton C. Ault, III
Stock symbol
ALZN
Transactions as of
Mar 4, 2022
Transactions value $
-$85,524
Form type
4
Date filed
3/8/2022, 08:55 PM
Previous filing
Mar 3, 2022
Next filing
Mar 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALZN Common Stock Other -$85.5K -57K -0.38% $1.50 14.9M Mar 4, 2022 By Ault Life Sciences, Inc F1, F2
holding ALZN Common Stock 2.5M Mar 4, 2022 Direct
holding ALZN Common Stock 7M Mar 4, 2022 By Digital Power Lending, LLC F3
holding ALZN Common Stock 10M Mar 4, 2022 By Ault Life Sciences Fund, LLC F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The common stock was transferred in settlement of an aggregate of $85,500 of debt and obligations owed by Ault & Company, Inc. Mr. Ault is the Chief Executive Officer of Ault & Company, Inc.
F2 Mr. Ault has sole voting and investment power with respect to the securities held of record by Ault Life Sciences, Inc.
F3 Digital Power Lending, LLC ("DPL") is a wholly-owned subsidiary of BitNile Holdings, Inc. ("BH"). Mr. Ault, the Executive Chairman of BH, is deemed to have voting and investment power with respect to the securities held of record by DPL.
F4 Mr. Ault has sole voting and investment power with respect to the securities held of record by Ault Life Sciences Fund, LLC.