Form 4 for CORZ Core Scientific, Inc./tx

Accepted 2024-07-22 00:00:00 ET · period of report 2024-07-19 · accession 0000905148-24-001947 · 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	2024-07-22	2024-07-19	CORZ	DUCHENE TODD M	See remarks	A - Grant	$0.00	+1.34M	1.70M	+372%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2024-07-19	A	A	250,909	$0.00	1,614,419	D	—	—	(F2) Represents a regular annual RSU grant. 1/3 of the RSUs will vest on January 23, 2025, and the remaining 2/3 of the RSUs will vest in eight substantially equal installments on the conclusion of each calendar quarter thereafter, provided that the Reporting Person continues to provide service to the Issuer on each vesting date.
2	Common	Common Stock	2024-07-19	A	A	1,003,633	$0.00	1,363,510	D	—	—	(F1) Represents a special one-time restricted stock unit ("RSU") grant. The RSUs will vest in substantially equal installments on each of the first four anniversaries of December 31, 2023, provided that the Reporting Person continues to provide service to the Issuer on each vesting date.
3	Common	Common Stock	2024-07-19	A	A	83,637	$0.00	1,698,056	D	—	—	(F3) Represents a regular annual performance-based RSU ("PSU") grant. The PSUs will vest in three substantially equal installments in the 2024, 2025 and 2026 calendar years upon the attainment of certain prescribed stock price hurdles, with certain adjustments for the 2025 and 2026 calendar years, if applicable, to allow for continued vesting eligibility to the extent the prescribed performance metrics were not achieved in a prior calendar year, provided that the Reporting Person continues to provide service to the Issuer on each vesting date.