Gary A. Vecchiarelli - 08 Mar 2023 Form 4 Insider Report for CLEANSPARK, INC. (CLSK)

Role
Chief Financial Officer
Signature
/s/ Rachel Silverstein, attorney-in-fact
Issuer symbol
CLSK
Transactions as of
08 Mar 2023
Net transactions value
-$33,487
Form type
4
Filing time
10 Mar 2023, 15:54:51 UTC
Previous filing
19 Dec 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 +60,000 +41% $0.000000 207,157 08 Mar 2023 Direct F1
transaction CLSK Common Stock Tax liability $33,487 -14,070 -6.8% $2.38 193,087 08 Mar 2023 Direct F2
* 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.