S. Matthew Schultz - Mar 8, 2023 Form 4 Insider Report for CLEANSPARK, INC. (CLSK)

Role
Executive Chairman, Director
Signature
/s/ S. Matthew Schultz
Stock symbol
CLSK
Transactions as of
Mar 8, 2023
Transactions value $
-$651,651
Form type
4
Date filed
3/10/2023, 03:52 PM
Previous filing
Sep 15, 2022
Next filing
Jul 28, 2023

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 Mar 8, 2023 Direct F1
transaction CLSK Common Stock Tax liability -$652K -274K -10.22% $2.38 2.41M Mar 8, 2023 Direct F2
holding CLSK Common Stock 480K Mar 8, 2023 By S M Schultz Irrevocable Trust
holding CLSK Common Stock 41K Mar 8, 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.