Form 4 for CLSK CLEANSPARK, INC.
Accepted 2022-09-15 00:00:00 ET · period of report 2022-09-12 · accession 0000899243-22-031146 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2022-09-15 | 2022-09-12 | CLSK | Schultz S. Matthew | Executive COB, Dir | A - Grant | $0.00 | +1.94M | 2.21M | +709% | $0 |
| 2022-09-15 | 2022-09-12 | CLSK | Schultz S. Matthew | Executive COB, Dir | F - Tax | $4.89 | -136.1K | 2.07M | -6% | -$665.7K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-09-12 | A | A | 360,000 | $0.00 | 633,000 | D | — | — | (F1) Represents 360,000 restricted stock units ("RSUs") awarded to the Reporting Person under the Issuer's 2017 Equity Incentive Plan, as amended (the "Plan") in connection with the Reporting Person's service as an executive officer and director of the Issuer, which RSUs vest upon the later of the date of issuance and the Issuer obtaining stockholder approval of an amendment to the Plan increasing the number of shares available under the Plan (the "Shareholder Approval"). |
| 2 | Common | Common Stock | 2022-09-12 | A | A | 1,215,000 | $0.00 | 1,848,000 | D | — | — | (F2) Represents 1,215,000 RSUs awarded to the Reporting Person under the Plan in connection with the Reporting Person's service as an executive officer and director of the Issuer, which RSUs vest on each anniversary of the grant date, such that the RSUs will fully vest on the third anniversary of the grant date, provided the Shareholder Approval is obtained. |
| 3 | Common | Common Stock | 2022-09-12 | A | A | 360,000 | $0.00 | 2,208,000 | D | — | — | (F3) Represents 360,000 shares of performance stock units ("PSUs") originally awarded to the Reporting Person under the Plan, which vesting was subject to the achievement of certain corporate milestones of the Issuer. The compensation committee of the Issuer approved the immediate vesting of such PSUs on September 12, 2022. |
| 4 | Common | Common Stock | 2022-09-12 | F | D | 136,129 | $4.89 | 2,071,871 | D | — | — | (F4) These shares were automatically withheld to cover the tax liability resulting from the vesting of the PSUs. |