0001214659-21-009025.txt : 20210826
0001214659-21-009025.hdr.sgml : 20210826
20210826163036
ACCESSION NUMBER: 0001214659-21-009025
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210824
FILED AS OF DATE: 20210826
DATE AS OF CHANGE: 20210826
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: CRAGUN KENNETH S
CENTRAL INDEX KEY: 0001327261
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-12711
FILM NUMBER: 211212709
MAIL ADDRESS:
STREET 1: 3775 CHIPPEWA CIRCLE
CITY: CORONA
STATE: CA
ZIP: 92881
FORMER NAME:
FORMER CONFORMED NAME: Cragun Kenneth S
DATE OF NAME CHANGE: 20050516
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Ault Global Holdings, Inc.
CENTRAL INDEX KEY: 0000896493
STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS, NEC [3679]
IRS NUMBER: 941721931
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 11411 SOUTHERN HIGHLANDS PARKWAY
STREET 2: SUITE 240
CITY: LAS VEGAS
STATE: NV
ZIP: 89141
BUSINESS PHONE: (949) 444-5464 3679
MAIL ADDRESS:
STREET 1: 11411 SOUTHERN HIGHLANDS PARKWAY
STREET 2: SUITE 240
CITY: LAS VEGAS
STATE: NV
ZIP: 89141
FORMER COMPANY:
FORMER CONFORMED NAME: DPW Holdings, Inc.
DATE OF NAME CHANGE: 20171229
FORMER COMPANY:
FORMER CONFORMED NAME: DIGITAL POWER CORP
DATE OF NAME CHANGE: 19960823
4
1
marketforms-53683.xml
PRIMARY DOCUMENT
X0306
4
2021-08-24
0000896493
Ault Global Holdings, Inc.
DPW
0001327261
CRAGUN KENNETH S
11411 SOUTHERN HIGHLANDS PARKWAY
SUITE 240
LAS VEGAS
NV
89141
false
true
false
false
Chief Financial Officer
Common Stock
2021-08-24
4
M
false
12500
0
A
12500
D
Restricted Stock Grant
2021-08-24
4
M
false
12500
0
D
2021-08-24
2024-11-15
Common Stock
12500
87500
D
Stock Options (Right to Buy)
2.51
2021-08-24
4
A
false
150000
A
2025-08-23
Common Stock
150000
150000
D
Stock Options (Right to Buy)
4.49
2021-08-24
4
D
false
250000
D
2031-01-07
Common Stock
250000
0
D
Stock Options (Right to Buy)
2.51
2021-08-24
4
A
false
250000
A
2031-08-23
Common Stock
250000
250000
D
Represents the vesting of restricted stock.
Each restricted stock unit is the economic equivalent of one share of Common Stock, par value $0.001, of Ault Global Holdings, Inc.
On January 8, 2021, Mr. Cragun was granted 100,000 restricted shares of the Issuer's Common Stock (the "Restricted Shares"), which vest semi-annually on each of May 15 and November 15 in equal tranches on such dates over a period of four (4) years, with the exception of the first tranche of 12,500 which vested on August 24, 2021.
On August 24, 2021, Mr. Cragun was granted stock options (the "Options") to purchase 150,000 shares of the Issuer's Common Stock, which Options vest monthly in 1/48th increments beginning on September 1, 2021.
On April 26, 2021, the Issuer's Board of Directors approved an option repricing effective August 24, 2021, which resulted in, for purposes of Section 16 of the Exchange Act, the cancellation of these Options granted to Mr. Cragun on January 8, 2021, in exchange for new Options having a lower exercise price of $2.51 per share. 15% of the Options vested on August 24, 2021, and the remaining Options vest monthly in 1/40th increments.
/s/ Kenneth Cragun
2021-08-26