Tyler Page - 13 Sep 2022 Form 4 Insider Report for Cipher Mining Inc. (CIFR)

Signature
/s/ William Iwaschuk, Attorney-in-Fact for Tyler Page
Issuer symbol
CIFR
Transactions as of
13 Sep 2022
Transactions value $
$0
Form type
4
Date filed
15 Sep 2022, 16:40
Previous filing
04 Jan 2022
Next filing
02 Dec 2022

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 CIFR Restricted Stock Units Award $0 +500K +23.49% $0.00 2.63M 13 Sep 2022 Common Stock 500K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs have no expiration date.
F2 The RSUs will vest in equal installments on each of September 13, 2023, September 13, 2024 and September 13, 2025, subject to the Reporting Person's continuous service on the applicable vesting date.