Edward J. Farrell - Sep 13, 2022 Form 4 Insider Report for Cipher Mining Inc. (CIFR)

Role
Chief Financial Officer
Signature
/s/ William Iwaschuk, Attorney-in-Fact for Edward J. Farrell
Stock symbol
CIFR
Transactions as of
Sep 13, 2022
Transactions value $
$0
Form type
4
Date filed
9/15/2022, 04:42 PM
Previous filing
Mar 15, 2022
Next filing
Jan 10, 2023

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 +1.1M +156.57% $0.00 1.8M Sep 13, 2022 Common Stock 1.1M 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.