EDWARD J. FARRELL - 14 Jun 2023 Form 4 Insider Report for Cipher Mining Inc. (CIFR)

Signature
/s/ William Iwaschuk, Attorney-in-Fact for Edward J. Farrell
Issuer symbol
CIFR
Transactions as of
14 Jun 2023
Transactions value $
$0
Form type
4
Filing time
16 Jun 2023, 16:45:30 UTC
Previous filing
17 Mar 2023
Next filing
15 Sep 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 +500K +31.88% $0.00 2.07M 14 Jun 2023 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.
F2 The RSUs will vest in equal installments on each of June 14, 2024, June 14, 2025 and June 14, 2026, subject to the Reporting Person's continuous service on the applicable vesting date.