Form 4 for CORZ Core Scientific, Inc./tx

Accepted 2022-07-07 00:00:00 ET · period of report 2022-06-13 · accession 0001209191-22-041540 · 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	2022-07-07	2022-06-13	CORZ	LEVITT MICHAEL J	CEO, Dir, 10%	A - Grant	$0.00	+18.32M	18.53M	+8,689%	$0
	2022-07-07	2022-07-05	CORZ	LEVITT MICHAEL J	CEO, Dir, 10%	F - Tax	$1.71	-1.24M	17.29M	-7%	-$2.12M

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	2022-06-13	A	A	13,441,284	$0.00	13,652,138	D	—	—	(F1) Represents a restricted stock unit ("RSU") grant. This RSU grant previously was subject to milestone and time vesting. On June 13, 2022, the board of directors of the Issuer removed the milestone requirement. The shares vested or will vest in 4 equal annual installments commencing on July 2, 2022, provided that the Reporting Person continues to provide service to the Issuer on each vesting date.
2	Common	Common Stock	2022-06-13	A	A	4,880,466	$0.00	18,532,604	D	—	—	(F2) Represents a restricted stock unit ("RSU") grant. This RSU grant previously was subject to milestone and time vesting. On June 13, 2022, the board of directors of the Issuer removed the milestone requirement. The shares will vest in 4 equal annual installments commencing on January 19, 2023, provided that the Reporting Person continues to provide service to the Issuer on each vesting date.
3	Common	Common Stock	2022-07-05	F	D	1,238,126	$1.71	17,294,478	D	—	—	(F3) Represents shares withheld to satisfy withholding tax obligations upon the vesting of RSUs.