SEC Form 4 · accession 0001437749-17-001890
Hyperscale Data, Inc. · GPUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William B Horne
Director
Period of report
Nov 22, 2016
Accepted (ET)
Feb 7, 2017 · 8:56 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000896493
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionsF1 | $0.70 | Nov 22, 2016 | A | 200,000 | A | — | Nov 22, 2026 | Common Stock | 200,000 | 200,000 | D |
Explanation of responses
- F1The options have the following vesting schedule: 1/3 immediately and 1/3 on each anniversary thereafter. Options were approved on November 22, 2016, subject to the documentation of a Stock Option Agreement, which was executed on January 25, 2017 and effective as of November 22, 2016.