Patrick Arthur Kelly - Nov 17, 2021 Form 4 Insider Report for Cipher Mining Inc. (CIFR)

Role
Chief Operating Officer
Signature
/s/ William Iwaschuk, Attorney-in-Fact for Patrick Arthur Kelly
Stock symbol
CIFR
Transactions as of
Nov 17, 2021
Transactions value $
$0
Form type
4
Date filed
11/19/2021, 03:22 PM
Previous filing
Oct 26, 2021
Next filing
Jan 4, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CIFR Restricted Stock Units Award $0 +937K $0.00 937K Nov 17, 2021 Common Stock 937K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs have no expiration date.
F2 The RSUs will vest in equal installments on each of January 1, 2022, January 1, 2023, January 1, 2024 and January 1, 2025, subject to the Reporting Person's continuous service on the applicable vesting date.