4//SEC Filing
Nisser Henry Carl 4
Accession 0001214659-21-008975
CIK 0000896493other
Filed
Aug 23, 8:00 PM ET
Accepted
Aug 24, 8:21 PM ET
Size
16.6 KB
Accession
0001214659-21-008975
Insider Transaction Report
Form 4
Nisser Henry Carl
Executive VP & General Counsel
Transactions
- Disposition to Issuer
Stock Options (Right to Buy)
2021-08-20−400,000→ 0 totalExercise: $4.49Exp: 2031-01-07→ Common Stock (400,000 underlying) - Exercise/Conversion
Restricted Stock Grant
2021-08-20−66,666→ 133,334 totalFrom: 2021-08-20Exp: 2022-05-15→ Common Stock (66,666 underlying) - Exercise/Conversion
Common Stock
2021-08-20+66,666→ 66,666 total - Award
Restricted Stock Grant
2021-08-20+400,000→ 400,000 totalExp: 2024-05-15→ Common Stock (400,000 underlying) - Award
Stock Options (Right to Buy)
2021-08-20+400,000→ 400,000 totalExercise: $2.55Exp: 2031-01-07→ Common Stock (400,000 underlying)
Holdings
- 5,013
Restricted Stock Grant
Exp: 2023-06-01→ Common Stock (5,013 underlying)
Footnotes (6)
- [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 Global Holdings, Inc.
- [F3]On November 2, 2020, Mr. Nisser was granted 200,000 restricted shares of the Issuer's Common Stock (the "Restricted Shares"), which vest in three equal installments as follows: 66,666 shares on August 20, 2021, 66,667 shares on November 15, 2021, and 66,667 shares on May 15, 2022. The grant of Restricted Shares was approved at the Issuer's Annual Meeting of Stockholders on August 13, 2021, and authorized by the NYSE American on August 20, 2021.
- [F4]On January 8, 2021, Mr. Nisser was granted 400,000 Restricted Shares, which vest in four installments on each of November 15, 2022, May 1, 2023, November 15, 2023 and May 15, 2024. The grant of Restricted Shares was approved at the Issuer's Annual Meeting of Stockholders on August 13, 2021, and authorized by the NYSE American on August 20, 2021.
- [F5]On April 26, 2021, the Issuer's Board of Directors approved an option repricing effective August 20, 2021, which resulted in, for purposes of Section 16 of the Exchange Act, the cancellation of these stock options granted to Mr. Nisser on January 8, 2021, in exchange for new stock options (the "Options") having a lower exercise price of $2.55 per share. All of the other terms of the Options remained unchanged. The Options were approved at the Issuer's Annual Meeting of Stockholders on August 13, 2021, and authorized by the NYSE American on August 20, 2021.
- [F6]Mr. Nisser received a grant of 6,250 Restricted Shares of which 50% vested on May 23, 2019, and the remainder vests monthly in 1/48th increments beginning on June 1, 2019.
Documents
Issuer
Ault Global Holdings, Inc.
CIK 0000896493
Entity typeother
Related Parties
1- filerCIK 0001775938
Filing Metadata
- Form type
- 4
- Filed
- Aug 23, 8:00 PM ET
- Accepted
- Aug 24, 8:21 PM ET
- Size
- 16.6 KB