Gary A. Vecchiarelli - 12 Sep 2022 Form 4/A - Amendment Insider Report for CLEANSPARK, INC. (CLSK)

Role: Chief Financial Officer
Signature: /s/ Rachel Silverstein, attorney-in-fact
Issuer symbol: CLSK
Transactions as of: 12 Sep 2022
Net transactions value: $0
Form type: 4/A - Amendment
Filing time: 15 Sep 2022, 19:27:18 UTC
Date Of Original Report: 14 Sep 2022
Previous filing: 18 Feb 2022
Next filing: 19 Dec 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CLSK	Common Stock	Award	$0	+120,000	+154%	$0.000000	197,757	12 Sep 2022	Direct	F1
transaction	CLSK	Common Stock	Disposed to Issuer	$0	-70,000	-35%	$0.000000	127,757	12 Sep 2022	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents 120,000 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 on each anniversary of the grant date, such that the RSUs will fully vest on the third anniversary of the grant date, provided the Issuer obtains stockholder approval of an amendment to the Plan increasing the number of shares available under the Plan.
F2	This amendment is being filed to report the termination of the 10,000 RSUs and 60,000 performance stock units previously awarded to the Reporting Person that were terminated by the Issuer's compensation committee and inadvertently omitted from the original Form 4 filed by the Reporting Person on September 14, 2022.

Content

Represents 120,000 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 on each anniversary of the grant date, such that the RSUs will fully vest on the third anniversary of the grant date, provided the Issuer obtains stockholder approval of an amendment to the Plan increasing the number of shares available under the Plan.

This amendment is being filed to report the termination of the 10,000 RSUs and 60,000 performance stock units previously awarded to the Reporting Person that were terminated by the Issuer's compensation committee and inadvertently omitted from the original Form 4 filed by the Reporting Person on September 14, 2022.