4//SEC Filing
Ault & Company, Inc. 4
Accession 0001214659-21-006789
CIK 0000896493other
Filed
Jun 20, 8:00 PM ET
Accepted
Jun 21, 9:34 PM ET
Size
9.9 KB
Accession
0001214659-21-006789
Insider Transaction Report
Form 4
Ault & Company, Inc.
10% Owner
Transactions
- Conversion
8% Convertible Promissory Note
2021-05-12$1000000.00/sh−0$0Exercise: $1.45From: 2020-07-22→ Common Stock (275,862 underlying) - Conversion
Common Stock
2021-05-12$1.45/sh+275,862$400,000→ 1,354,829 total - Purchase
Common Stock
2021-06-18$2.69/sh+5,587$15,029→ 1,360,416 total
Footnotes (3)
- [F1]On February 5, 2020, the Issuer sold and issued an 8% Convertible Promissory Note in the principal amount of $1,000,000 (the "Note") to the Reporting Person, which Note was convertible into shares of the Issuer's common stock, par value $0.001 per share (the "Common Stock") at a conversion price of $1.45 per share. On May 12, 2021, the Reporting Person converted the remaining $400,000 of principal of the Note into 275,862 shares of Common Stock.
- [F2]The Note was convertible, at the election of the Reporting Person, prior to payment, or prepayment, in full.
- [F3]Excludes shares issuable at the election of the Reporting Person upon conversion of accrued interest into shares of Common Stock.
Documents
Issuer
Ault Global Holdings, Inc.
CIK 0000896493
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001734770
Filing Metadata
- Form type
- 4
- Filed
- Jun 20, 8:00 PM ET
- Accepted
- Jun 21, 9:34 PM ET
- Size
- 9.9 KB