Cary Grossman - Aug 10, 2023 Form 4 Insider Report for Cipher Mining Inc. (CIFR)

Role
Director
Signature
William Iwaschuk, Attorney-in-Fact for Cary Grossman
Stock symbol
CIFR
Transactions as of
Aug 10, 2023
Transactions value $
-$308,864
Form type
4
Date filed
8/14/2023, 05:38 PM
Previous filing
May 12, 2023
Next filing
Aug 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CIFR Common Stock Sale -$288K -79K -25.36% $3.64 233K Aug 10, 2023 Direct F1
transaction CIFR Common Stock Sale -$21.2K -5.96K -2.56% $3.55 227K Aug 10, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As previously reported on September 12, 2022, this includes 3,750 shares of the issuer's common stock the reporting person received as a liquidating distribution from GW Sponsor 2, LLC. On May 12, 2023, the reporting person filed a Form 4 which inadvertently and erroneously reported an indirect beneficial ownership of 558,750 shares of the issuer's common stock held by GW Sponsor 2, LLC. The reporting person no longer had such indirect beneficial ownership as of September 12, 2022, which was the date that GW Sponsor 2, LLC liquidated and distributed all of its shares to its members, including members unrelated to the reporting person.