S. Matthew Schultz - 08 Mar 2023 Form 4 Insider Report for CLEANSPARK, INC. (CLSK)

Role
Executive Chairman, Director
Signature
/s/ S. Matthew Schultz
Issuer symbol
CLSK
Transactions as of
08 Mar 2023
Transactions value $
-$651,651
Form type
4
Filing time
10 Mar 2023, 15:52:03 UTC
Previous filing
15 Sep 2022
Next filing
28 Jul 2023
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 +608K +29.32% $0.00 2.68M 08 Mar 2023 Direct F1
transaction CLSK Common Stock Tax liability -$652K -274K -10.22% $2.38 2.41M 08 Mar 2023 Direct F2
holding CLSK Common Stock 480K 08 Mar 2023 By S M Schultz Irrevocable Trust
holding CLSK Common Stock 41K 08 Mar 2023 By Spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares issued in settlement of performance stock units granted in 2022 which vested upon the Issuer's achievement of 6.5 EH of total processing power, and the Issuer obtaining stockholder approval of an amendment to the Issuer's 2017 Incentive Plan (the "Plan") to increase the number of shares available under the Plan.
F2 Shares were applied to payment of withholding taxes in connection with the vesting and settlement of the above-mentioned performance stock units and of restricted stock units.