Gary A. Vecchiarelli - Feb 23, 2024 Form 4 Insider Report for CLEANSPARK, INC. (CLSK)

Role
Chief Financial Officer
Signature
/s/ Gary Anthony Vecchiarelli
Stock symbol
CLSK
Transactions as of
Feb 23, 2024
Transactions value $
-$3,443,873
Form type
4
Date filed
2/27/2024, 04:55 PM
Previous filing
Dec 22, 2023
Next filing
Oct 1, 2024

Transactions Table

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 -50% $0.00 200K Feb 23, 2024 Common Stock 200K Direct F1
transaction CLSK Restricted Stock Unit Options Exercise $0 -200K -100% $0.00* 0 Feb 26, 2024 Common Stock 200K Direct F2
* 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 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 300% of the Issuer's stock price on the grant date.
F3 Shares were applied to payment of withholding taxes in connection with the vesting and settlement of the above-mentioned restricted stock units.