Sec Form 4 Filing - AULT MILTON C III @ Alzamend Neuro, Inc. - 2021-07-15

Insider filing report for Changes in Beneficial Ownership
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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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
AULT MILTON C III
2. Issuer Name and Ticker or Trading Symbol
Alzamend Neuro, Inc. [ ALZN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
3802 SPECTRUM BOULEVARD, SUITE 112C
3. Date of Earliest Transaction (MM/DD/YY)
07/15/2021
(Street)
TAMPA, FL33612
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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 07/15/2021 P 700 A $ 6.3254 ( 1 ) 5,321,255 I By Digital Power Lending, LLC ( 2 )
Common Stock 07/15/2021 S 300 D $ 6.9203 5,320,955 I By Digital Power Lending, LLC ( 2 )
Common Stock 07/16/2021 P 600 A $ 6.2333 ( 3 ) 5,321,555 I By Digital Power Lending, LLC ( 2 )
Common Stock 07/19/2021 P 4,000 A $ 5.4125 ( 4 ) 5,325,555 I By Digital Power Lending, LLC ( 2 )
Common Stock 15,000,000 I By Ault Life Sciences, Inc. ( 5 )
Common Stock 10,000,000 I By Ault Life Sciences Fund, LLC ( 6 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction 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/YY)
7. Title and Amount of Underlying Securities
(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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
AULT MILTON C III
3802 SPECTRUM BOULEVARD, SUITE 112C
TAMPA, FL33612
X
Signatures
/s/ Milton C. Ault, III 07/19/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )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 $6.3254. The range of purchase prices on the transaction date was $6.18 to $6.50 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.
( 2 )Digital Power Lending, LLC ("DPL") is a wholly-owned subsidiary of Ault Global Holdings, Inc. ("AGH"). Mr. Ault, the Executive Chairman of AGH, is deemed to have voting and investment power with respect to the securities held of record by DPL.
( 3 )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 $6.2333. The range of purchase prices on the transaction date was $6.16 to $6.60 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.
( 4 )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 $5.4125. The range of purchase prices on the transaction date was $5.31 to $5.52 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.
( 5 )Mr. Ault has sole voting and investment power with respect to the securities held of record by Ault Life Sciences, Inc.
( 6 )Mr. Ault has sole voting and investment power with respect to the securities held of record by Ault Life Sciences Fund, LLC.

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