Gary A. Vecchiarelli - Sep 29, 2023 Form 4 Insider Report for CLEANSPARK, INC. (CLSK)

Signature
/s/ Gary Anthony Vecchiarelli
Stock symbol
CLSK
Transactions as of
Sep 29, 2023
Transactions value $
$0
Form type
4
Date filed
9/29/2023, 09:08 PM
Previous filing
Sep 22, 2023
Next filing
Oct 27, 2023

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 CLSK Restricted Stock Unit Award $0 +600K $0.00 600K Sep 29, 2023 Common Stock 600K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units vest in tranches, each equal to one-third of the grant, upon achieving specified prices per share (representing 200%, 300% and 400% of the Issuer's stock price on the grant date) over a designated period or in a change in control.