Ault Global Holdings, Inc.'s Form 4 filing
TurnOnGreen, Inc. (TOGI) · filed Oct 14, 2022
- Accession no.
- 0001214659-22-012317
- Filed
- Oct 14, 2022, 4:30 PM ET
- Trade date
- Oct 12-13, 2022
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 3 non-derivative transactions and 1 derivative transaction. Open-market purchases total $2.04K. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Ault Global Holdings, Inc.CIK 0000896493 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Oct 12, 2022 | Common Stock | CConversionAcquired | +10,990,142 | $0.01F1 | +$109,901.42 | 11,006,643 | Indirect | |
| Oct 12, 2022 | Common Stock | PPurchaseAcquired | +3,499 | $0.2528F3 | +$884.55 | 11,010,142 | Indirect | |
| Oct 13, 2022 | Common Stock | PPurchaseAcquired | +5,000 | $0.231 | +$1,155 | 11,015,142 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Oct 12, 2022 | Common Stock | CConversionDisposed | −10,990,142 | –F1 | – | 0 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Ault Lending, LLC, formerly known as Digital Power Lending, LLC ("Ault Lending"), converted the entire principal and accrued interest of the Convertible Promissory Note into 10,990,142 shares of the Issuer's common stock at a conversion price of $0.01 per share. The original principal amount of the Convertible Promissory Note was $101,528.77, accrued interest at 10% per annum, and had a maturity date of December 15, 2023.
Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.
- F3
The common stock was purchased by the reporting person in open market transactions on the transaction date, with a volume weighted average purchase price of $0.2528. The range of purchase prices on the transaction date was $0.252 to $0.255 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each price.
Referenced by the price of 1 transaction in Table I.