| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SDIG | Class A common stock | Sale | -$37.8K | -8.98K | -2.56% | $4.21 | 342K | Jun 14, 2023 | Direct | F1, F2 |
| transaction | SDIG | Class A common stock | Sale | -$48.5K | -12K | -3.51% | $4.05 | 330K | Jun 15, 2023 | Direct | F1, F3 |
| transaction | SDIG | Class A common stock | Sale | -$103K | -25.2K | -7.62% | $4.10 | 305K | Jun 16, 2023 | Direct | F1, F4 |
| transaction | SDIG | Class A common stock | Sale | -$116K | -29.6K | -9.72% | $3.91 | 275K | Jun 20, 2023 | Direct | F1, F5 |
| transaction | SDIG | Class A common stock | Sale | -$113K | -25.2K | -9.16% | $4.49 | 250K | Jun 21, 2023 | Direct | F1, F6 |
| transaction | SDIG | Class A common stock | Conversion of derivative security | $0 | +250K | $0.00 | 250K | Jul 17, 2023 | Direct | F7 | |
| transaction | SDIG | Class V common stock | Other | $0 | -250K | -39.09% | $0.00 | 390K | Jul 17, 2023 | By Q Power LLC | F7, F8, F9 |
| holding | SDIG | Class A common stock | 500 | Jun 14, 2023 | By Q Power LLC | F8, F9, F10 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SDIG | Stronghold Digital Mining Holdings LLC Units | Conversion of derivative security | -250K | -39.09% | 390K | Jul 17, 2023 | Class A common stock, par value $0.0001 | 250K | By Q Power LLC | F7, F8, F9, F11 |
| Id | Content |
|---|---|
| F1 | The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in Column 4 for such transaction. |
| F2 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.05 to $4.39, inclusive. |
| F3 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.83 to $4.24, inclusive. |
| F4 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.90 to $4.50, inclusive. |
| F5 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.60 to $4.25, inclusive. |
| F6 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.22 to $4.77, inclusive. |
| F7 | Reflects an exchange of common units ("Common Units") of Stronghold Digital Mining Holdings, LLC ("Stronghold LLC") together with the surrender and cancellation of the same number of Class V common stock for an equal number of shares of Class A common stock, pursuant to the Limited Liability Company Agreement of Stronghold LLC (as amended and restated, the "Stronghold LLC Agreement"). Transactions are exempt from Section 16(b) in reliance on Rule 16b-6(b). |
| F8 | The reporting person is a managing member of Q Power LLC and may be deemed to be the beneficial owner of the securities held directly by Q Power LLC. |
| F9 | The reporting person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of, or has any pecuniary interests in, such securities for purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, or for any other purpose. |
| F10 | Amount of securities or price, as applicable, has been adjusted to reflect the 10:1 reverse stock split that occurred on May 16, 2023. |
| F11 | Each share of Class V common stock has no economic right but entitles its holder to one vote on all matters to be voted on by shareholders generally. At the request of the holder, each Common Unit of Stronghold LLC may be coupled with a share of Class V common stock and redeemed for, at the Issuer's election and subject to certain restrictions in the Stronghold LLC Agreement, newly issued shares of Class A common stock of the Issuer on a one-for-one basis or for a cash payment to be determined pursuant to the Stronghold LLC Agreement for each Common Unit redeemed. The Common Units do not expire. |