Hyperscale Data, Inc. - Mar 15, 2024 Form 4 Insider Report for GRESHAM WORLDWIDE, INC. (GIGA)

Role
10%+ Owner
Signature
/s/ Milton C. Ault, III, Executive Chairman
Stock symbol
GIGA
Transactions as of
Mar 15, 2024
Transactions value $
$21,303
Form type
4
Date filed
6/26/2024, 07:30 PM
Previous filing
Nov 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GIGA Common Stock Options Exercise $20K +2M +68.49% $0.01* 4.92M Mar 15, 2024 Direct F1
transaction GIGA Common Stock Purchase $673 +5K +33.33% $0.13 20K Jun 24, 2024 By Ault Lending, LLC F2, F3
transaction GIGA Common Stock Purchase $630 +5K +25% $0.13 25K Jun 25, 2024 By Ault Lending, LLC F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction reflects the cashless exercise of warrants to purchase common stock, at an exercise price of $.01.
F2 The common stock was purchased by the reporting person in open market transactions on the transaction date, with a volume weighted average purchase price of $0.1346. The range of purchase prices on the transaction date was $0.1328 to $0.14 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each price.
F3 Ault Lending, LLC ("Ault Lending") is a wholly owned subsidiary of Ault Alliance, Inc ("AAI"). The reporting person is the Executive Chairman of AAI and is deemed to have voting and investment power with respect to the securities held of record by Ault Lending.