Patrick Arthur Kelly - Jun 14, 2023 Form 4 Insider Report for Cipher Mining Inc. (CIFR)

Role
Co-President and COO
Signature
/s/ William Iwaschuk, Attorney-in-Fact for Patrick Arthur Kelly
Stock symbol
CIFR
Transactions as of
Jun 14, 2023
Transactions value $
$0
Form type
4
Date filed
6/16/2023, 04:47 PM
Previous filing
Jan 10, 2023
Next filing
Aug 18, 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 Jun 14, 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.