Todd M. Duchene - 05 Dec 2024 Form 4 Insider Report for Core Scientific, Inc./tx (CORZ)

Role
Chief Legal and Administrative Officer
Signature
/s/ Todd DuChene
Issuer symbol
CORZ
Transactions as of
05 Dec 2024
Net transactions value
+$1,970
Form type
4
Filing time
09 Dec 2024, 16:36:00 UTC
Previous filing
20 Nov 2024
Next filing
16 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CORZ Common Stock Exercise of in-the-money or at-the-money derivative security $1,970 +196,977 +12% $0.0100 1,858,451 05 Dec 2024 Direct

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 Exercise of in-the-money or at-the-money derivative security $0 -196,977 -42% $0.000000 267,301 05 Dec 2024 Common Stock 196,977 $0.0100 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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. The Tranche 2 Warrants became exercisable at the option of the registered holders on July 11, 2024.

Remarks:

Chief Legal and Administrative Officer