Henry Carl Nisser - Jan 9, 2023 Form 4 Insider Report for Ault Alliance, Inc. (AULT)

Role
President and General Counsel, Director
Signature
/s/ Henry C.W. Nisser
Stock symbol
AULT
Transactions as of
Jan 9, 2023
Transactions value $
$0
Form type
4
Date filed
1/11/2023, 07:00 PM
Previous filing
Nov 17, 2022
Next filing
Mar 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AULT Common Stock Options Exercise $0 +300K +97.96% $0.00 606K Jan 9, 2023 Direct F1

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 Restricted Stock Grant Options Exercise $0 -300K -100% $0.00* 0 Jan 9, 2023 Common Stock 300K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the vesting of restricted stock.
F2 Each restricted stock unit is the economic equivalent of one share of common stock, par value $0.001, of Ault Alliance, Inc. (formerly, BitNile Holdings, Inc.) (the "Issuer").
F3 On January 8, 2021, Mr. Nisser was granted 400,000 restricted shares of the Issuer's common stock, which initially vest in four equal installments on each of November 15, 2022, May 1, 2023, November 15, 2023 and May 15, 2024. In November 2022, the Issuer's stockholders, at the Issuer's annual stockholder meeting, approved the acceleration of the vesting of the last three tranches, after approval by the NYSE American. The final 300,000 shares of the Issuer's common stock were issued on January 9, 2023.