Kenneth S. Cragun - Jan 9, 2023 Form 4 Insider Report for Ault Alliance, Inc. (AULT)

Role
Chief Financial Officer
Signature
/s/ Kenneth S. Cragun
Stock symbol
AULT
Transactions as of
Jan 9, 2023
Transactions value $
$0
Form type
4
Date filed
1/11/2023, 07:00 PM
Previous filing
Nov 30, 2022
Next filing
Jan 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AULT Common Stock Options Exercise $0 +125K +166.67% $0.00 200K Jan 9, 2023 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 -50K -100% $0.00* 0 Jan 9, 2023 Common Stock 50K Direct F2, F3
transaction AULT Restricted Stock Grant Options Exercise $0 -75K -100% $0.00* 0 Jan 9, 2023 Common Stock 75K Direct F2, F4
* 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 Alliance, Inc. (formerly, BitNile Holdings, Inc.) (the "Issuer").
F3 On January 8, 2021, Mr. Cragun was granted 100,000 restricted shares of the Issuer's common stock, which initially 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. Effective January 9, 2023, the Issuer approved the acceleration of the vesting of the last four tranches. The final 50,000 shares of the Issuer's common stock were issued on January 9, 2023.
F4 On May 21, 2021, Mr. Cragun was granted 100,000 restricted shares of the Issuer's common stock, which initially vest semi-annually on each of May 15 and November 15 in equal tranches on such dates over a period of four (4) years commencing on May 15, 2022. Effective January 9, 2023, the Issuer approved the acceleration of the vesting of the last six tranches. The final 75,000 shares of the Issuer's common stock were issued on January 9, 2023.