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