S. Matthew Schultz - Jul 8, 2023 Form 4 Insider Report for CLEANSPARK, INC. (CLSK)

Role
Executive Chairman, Director
Signature
/s/ S. Matthew Schultz
Stock symbol
CLSK
Transactions as of
Jul 8, 2023
Transactions value $
-$956,171
Form type
4
Date filed
7/28/2023, 04:55 PM
Previous filing
Mar 10, 2023
Next filing
Aug 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLSK Common Stock Award $0 +86.8K +3.61% $0.00 2.49M Jul 8, 2023 Direct F1
transaction CLSK Common Stock Tax liability -$229K -38.2K -1.53% $6.00 2.45M Jul 8, 2023 Direct F2
transaction CLSK Common Stock Award $0 +86.8K +3.54% $0.00 2.54M Jul 9, 2023 Direct F1
transaction CLSK Common Stock Tax liability -$229K -38.2K -1.5% $6.00 2.5M Jul 9, 2023 Direct F2
transaction CLSK Common Stock Award $0 +86.8K +3.47% $0.00 2.59M Jul 12, 2023 Direct F1
transaction CLSK Common Stock Tax liability -$253K -38.2K -1.47% $6.62 2.55M Jul 12, 2023 Direct F2
transaction CLSK Common Stock Award $0 +86.8K +3.4% $0.00 2.64M Jul 22, 2023 Direct F1
transaction CLSK Common Stock Tax liability -$245K -38.2K -1.45% $6.42 2.6M Jul 22, 2023 Direct F2
holding CLSK Common Stock 480K Jul 8, 2023 By S M Schultz Irrevocable Trust
holding CLSK Common Stock 41K Jul 8, 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.