Form 4 for CORZ Core Scientific, Inc./tx
Accepted 2022-06-16 00:00:00 ET · period of report 2022-06-13 · accession 0001209191-22-037684 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022-06-16 | 2022-06-13 | CORZ | Neville Brian | CAO | F - Tax | $2.02 | -25.0K | 455.0K | -5% | -$50.5K | |
| 2022-06-16 | 2022-06-13 | CORZ | Neville Brian | CAO | A - Grant | $0.00 | +480.0K | 480.0K | New | $0 |
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 | 2022-06-13 | F | D | 25,018 | $2.02 | 455,026 | D | — | — | (F2) Represents shares withheld to satisfy withholding tax obligations upon the vesting of RSUs. |
| 2 | Common | Common Stock | 2022-06-13 | A | A | 480,044 | $0.00 | 480,044 | D | — | — | (F1) Represents restricted stock unit ("RSU") grants. These RSU grants previously were subject to milestone and time vesting. On June 13, 2022, the board of directors of the Issuer removed the milestone requirement. 100,010 of the RSUs vested immediately upon the removal of the milestone requirement; 40,003 will vest in 4 equal annual installments commencing on July 9, 2022; and 40,003 will vest in 4 equal annual installments commencing on October 4, 2022, provided that the Reporting Person continues to provide service to the Issuer on each vesting date. |