Gary A. Vecchiarelli - Dec 20, 2023 Form 4 Insider Report for CLEANSPARK, INC. (CLSK)

Role
Chief Financial Officer
Signature
/s/ Gary Anthony Vecchiarelli
Stock symbol
CLSK
Transactions as of
Dec 20, 2023
Transactions value $
-$859,404
Form type
4
Date filed
12/22/2023, 04:30 PM
Previous filing
Oct 27, 2023
Next filing
Feb 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLSK Common Stock Options Exercise $0 +200K +92.28% $0.00 417K Dec 20, 2023 Direct F1
transaction CLSK Common Stock Tax liability -$859K -78.7K -18.88% $10.92 338K Dec 20, 2023 Direct F2

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 Options Exercise $0 -200K -33.33% $0.00 400K Dec 20, 2023 Common Stock 200K Direct F1
* 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 restricted stock units granted in 2023 which vested upon the Issuer achieving a specified price per share over a designated period of time representing 200% of the Issuer's stock price on the grant date.
F2 Shares were applied to payment of withholding taxes in connection with the vesting and settlement of the above-mentioned restricted stock units.