SEC Form 4 · accession 0001437749-17-019889
Hyperscale Data, Inc. · GPUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
William B Horne
Director
Period of report
Nov 22, 2017
Accepted (ET)
Nov 28, 2017 · 7:58 pm EST
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 | Nov 22, 2017 | A | 200,000 | — | A | 200,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionsF2 | $0.63 | Nov 22, 2017 | A | 1,000,000 | A | — | Nov 22, 2027 | Common Stock | 1,000,000 | 1,200,000 | D |
Explanation of responses
- F1For his services, Mr. Horne received 200,000 shares of common stock of which fifty percent (50%) of such common stock shall immediately vest with the remaining balance to vest once Avalanche International Corporation is current with its periodic reports with the SEC.
- F2The options have the following vesting schedule: The options shall vest ratably over 48 months beginning with the first month after November 22, 2017.