S. Matthew Schultz - 08 Jul 2023 Form 4 Insider Report for CLEANSPARK, INC. (CLSK)

Role
Executive Chairman, Director
Signature
/s/ S. Matthew Schultz
Issuer symbol
CLSK
Transactions as of
08 Jul 2023
Net transactions value
-$956,171
Form type
4
Filing time
28 Jul 2023, 16:55:30 UTC
Previous filing
10 Mar 2023
Next filing
04 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLSK Common Stock Award $0 +86,786 +3.6% $0.000000 2,492,355 08 Jul 2023 Direct F1
transaction CLSK Common Stock Tax liability $229,116 -38,186 -1.5% $6.00 2,454,169 08 Jul 2023 Direct F2
transaction CLSK Common Stock Award $0 +86,786 +3.5% $0.000000 2,540,955 09 Jul 2023 Direct F1
transaction CLSK Common Stock Tax liability $229,116 -38,186 -1.5% $6.00 2,502,769 09 Jul 2023 Direct F2
transaction CLSK Common Stock Award $0 +86,786 +3.5% $0.000000 2,589,555 12 Jul 2023 Direct F1
transaction CLSK Common Stock Tax liability $252,791 -38,186 -1.5% $6.62 2,551,369 12 Jul 2023 Direct F2
transaction CLSK Common Stock Award $0 +86,785 +3.4% $0.000000 2,638,154 22 Jul 2023 Direct F1
transaction CLSK Common Stock Tax liability $245,148 -38,185 -1.4% $6.42 2,599,969 22 Jul 2023 Direct F2
holding CLSK Common Stock 480,000 08 Jul 2023 By S M Schultz Irrevocable Trust
holding CLSK Common Stock 40,996 08 Jul 2023 By Spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares issued in settlement of performance stock units granted in 2022 which vested upon the Issuer's achievement of 7.0 EH, 7.5 EH, 8.0 EH and 8.5 EH of total processing power on July 8, 2023, July 9, 2023, July 12, 2023 and July 22, 2023, respectively.
F2 Shares were applied to payment of withholding taxes in connection with the vesting and settlement of the above-mentioned performance stock units.