William B. Horne - Aug 20, 2021 Form 4 Insider Report for Ault Global Holdings, Inc. (AULT)

Role: Chief Executive Officer, Director
Signature: /s/ William B. Horne
Stock symbol: AULT
Transactions as of: Aug 20, 2021
Transactions value $: $0
Form type: 4
Date filed: 8/24/2021, 08:21 PM
Previous filing: Jun 14, 2021
Next filing: Sep 10, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AULT	Common Stock	Options Exercise	$0	+66.7K	+3242.51%	$0.00	68.7K	Aug 20, 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	AULT	Restricted Stock Grant	Options Exercise	$0	-66.7K	-33.33%	$0.00	133K	Aug 20, 2021	Common Stock	66.7K		Direct	F2, F3
transaction	AULT	Restricted Stock Grant	Award	$0	+400K		$0.00	400K	Aug 20, 2021	Common Stock	400K		Direct	F2, F4
transaction	AULT	Stock Options (Right to Buy)	Disposed to Issuer		-400K	-100%		0	Aug 20, 2021	Common Stock	400K	$4.49	Direct	F5
transaction	AULT	Stock Options (Right to Buy)	Award		+400K			400K	Aug 20, 2021	Common Stock	400K	$2.55	Direct	F5
holding	AULT	Restricted Stock Grant						750	Aug 20, 2021	Common Stock	750		Direct	F2, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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. Horne 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. Horne 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. Horne 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. Horne received 1,250 Restricted Shares which vest in installments of 250 shares annually over five (5) years beginning on January 1, 2019, subject to earlier vesting upon achievement of certain milestones.