Yadin Rozov - Mar 15, 2024 Form 4 Insider Report for Core Scientific, Inc./tx (CORZ)

Role
Director
Signature
/s/ Todd DuChene, as Attorney-in-Fact
Stock symbol
CORZ
Transactions as of
Mar 15, 2024
Transactions value $
$439,756
Form type
4
Date filed
3/18/2024, 07:45 PM
Previous filing
Mar 11, 2024
Next filing
May 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CORZ Common Stock Purchase $246K +80K $3.07 80K Mar 15, 2024 Direct F1

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 CORZ Tranche 2 Warrants Purchase $194K +90K $2.15 90K Mar 15, 2024 Common Stock 90K $0.01 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. These shares of common stock were purchased in multiple transactions at prices ranging from $2.99 to $3.10, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of common stock purchased at each separate price within such range.
F2 Each whole Tranche 2 Warrant entitles the registered holder to purchase one whole share of the Issuer's common stock at an exercise price of $0.01 per share at any time following the time the volume weighted average price per share of the Issuer's common stock equals or exceeds $8.72 per share on each trading day for 20 consecutive trading days, subject to certain adjustments.
F3 The price reported is a weighted average price. These Tranche 2 Warrants were purchased in multiple transactions at prices ranging from $1.97 to $2.35, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Tranche 2 Warrants purchased at each separate price within such range.