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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). [ ] Form 3 Holdings Reported [X] Form 4 Transactions Reported |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 |
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1. Name and Address of Reporting Person * AULT MILTON C III | 2. Issuer Name and Ticker or Trading SymbolAult Disruptive Technologies Corp [ADRT] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below) |
3. Statement for Issuer's Fiscal Year Ended (MM/DD/YYYY) | ||
4. If Amendment, Date Original Filed(MM/DD/YYYY) | 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form Filed by One Reporting Person ___ Form Filed by More than One Reporting Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
1.Title of Security (Instr. 3) | 2. Trans. Date | 2A. Deemed Execution Date, if any | 3. Trans. Code (Instr. 8) | 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Amount | (A) or (D) | Price | ||||||||
Common Stock (1) | 2/23/2021 | P | 2875000 | A | (2) | 2875000 | I | By Ault Disruptive Technologies Company, LLC (2) | ||
Common Stock | 12/16/2021 | P4 | 1000 | A | $10.0262 (3) | 2876000 | I | By Digital Power Lending, LLC (4) | ||
Common Stock | 12/21/2021 | P4 | 200 | A | $10.015 (5) | 2876200 | I | By Digital Power Lending, LLC (4) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (MM/DD/YYYY) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
(A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||||
Warrants (6) | $11.50 | 12/15/2021 | P | 7100000 | (7) | (7) | Common Stock | 7100000 | $1.00 | 7100000 | I | By Ault Disruptive Technologies Company, LLC (6) | |||
Warrants | $11.50 | 12/16/2021 | P4 | 750 | (7) | (7) | Common Stock | 750 | $10.0262 (3) | 7100750 | I | By Digital Power Lending, LLC (4) | |||
Warrants | $11.50 | 12/21/2021 | P4 | 150 | (7) | (7) | Common Stock | 150 | $10.015 (5) | 7100900 | I | By Digital Power Lending, LLC (4) |
Reporting Owners | |||||
Reporting Owner Name / Address | |||||
Director | 10% Owner | Officer | Other | ||
AULT MILTON C III C/O AULT DISRUPTIVE TECHNOLOGIES CORP 11411 SOUTHERN HIGHLANDS PKWY, SUITE 240 LAS VEGAS, NV 89141 | X | X |
Signatures | ||
/s/ Milton C. Ault III | 2/11/2022 | |
**Signature of Reporting Person | Date |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
Note: | File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. |
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |