SEC Form 4 · accession 0001214659-18-006495
Hyperscale Data, Inc. · GPUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeff Acosta Bentz
Director
Period of report
Apr 25, 2018
Accepted (ET)
Oct 11, 2018 · 8:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000896493
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 24, 2018 | A | 100,000 | $0.00 | A | 100,000 | D | |
| Common Stock | Apr 25, 2018 | P | 7,000 | $0.97 | A | 107,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF2 | $2.32 | Jan 24, 2018 | A | 275,000 | A | — | Jan 23, 2028 | Common Stock | 275,000 | 275,000 | D |
Explanation of responses
- F1For his services, Mr. Bentz received 100,000 shares of restricted common stock which shall vest upon the one year anniversary from the date of issuance, which is January 24, 2018, subject to stockholder approval.
- F2Mr. Bentz received additional stock options to purchase shares of common stock at $2.32 per share which vest ratably over 36 months beginning with the first month after January 24, 2018, subject to stockholder approval.