Tyler Page - Sep 13, 2023 Form 4 Insider Report for Cipher Mining Inc. (CIFR)

Signature
/s/ William Iwaschuk, Attorney-in-Fact for Tyler Page
Stock symbol
CIFR
Transactions as of
Sep 13, 2023
Transactions value $
-$166,433
Form type
4
Date filed
9/15/2023, 04:28 PM
Previous filing
Jun 16, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CIFR Common Stock Options Exercise +167K +4.64% 3.76M Sep 13, 2023 Direct F1
transaction CIFR Common Stock Tax liability -$166K -60.1K -1.6% $2.77 3.7M Sep 13, 2023 Direct

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 Options Exercise $0 -167K -5.71% $0.00 2.75M Sep 13, 2023 Common Stock 167K 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 vest in equal installments on each of September 13, 2023, September 13, 2024 and September 13, 2025, subject to the Reporting Person's continuous service on the applicable vesting date.