FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      
1. Name and Address of Reporting Person * CRAGUN KENNETH S 2. Issuer Name and Ticker or Trading Symbol Ault Global Holdings, Inc. [ DPW ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chief Financial Officer
(Last)         (First)         (Middle)
11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240
3. Date of Earliest Transaction (MM/DD/YYYY)
8/24/2021
(Street)
LAS VEGAS, NV 89141
(City)       (State)       (Zip)
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)
Code V Amount (A) or (D) Price
Common Stock  8/24/2021    M(1)    12500  A $0  12500  D   

Table II - Derivative Securities 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 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 Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Grant   (2) 8/24/2021    M        12500   8/24/2021 (3) 11/15/2024  Common Stock  12500  $0  87500  D   
Stock Options (Right to Buy)  $2.51  8/24/2021    A     150000       (4) 8/23/2025  Common Stock  150000   (4) 150000  D   
Stock Options (Right to Buy)  $4.49  8/24/2021    D        250000    (5) 1/7/2031  Common Stock  250000   (5) 0  D   
Stock Options (Right to Buy)  $2.51  8/24/2021    A     250000       (5) 8/23/2031  Common Stock  250000   (5) 250000  D   

Explanation of Responses:
(1)  Represents the vesting of restricted stock.
(2)  Each restricted stock unit is the economic equivalent of one share of Common Stock, par value $0.001, of Ault Global Holdings, Inc.
(3)  On January 8, 2021, Mr. Cragun was granted 100,000 restricted shares of the Issuer's Common Stock (the "Restricted Shares"), which vest semi-annually on each of May 15 and November 15 in equal tranches on such dates over a period of four (4) years, with the exception of the first tranche of 12,500 which vested on August 24, 2021.
(4)  On August 24, 2021, Mr. Cragun was granted stock options (the "Options") to purchase 150,000 shares of the Issuer's Common Stock, which Options vest monthly in 1/48th increments beginning on September 1, 2021.
(5)  On April 26, 2021, the Issuer's Board of Directors approved an option repricing effective August 24, 2021, which resulted in, for purposes of Section 16 of the Exchange Act, the cancellation of these Options granted to Mr. Cragun on January 8, 2021, in exchange for new Options having a lower exercise price of $2.51 per share. 15% of the Options vested on August 24, 2021, and the remaining Options vest monthly in 1/40th increments.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
CRAGUN KENNETH S
11411 SOUTHERN HIGHLANDS PARKWAY
SUITE 240
LAS VEGAS, NV 89141


Chief Financial Officer

Signatures
/s/ Kenneth Cragun 8/26/2021
**Signature of Reporting Person Date
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