Gary A. Vecchiarelli - 30 Sep 2024 Form 4 Insider Report for CLEANSPARK, INC. (CLSK)

Signature
/s/ Gary A. Vecchiarelli
Issuer symbol
CLSK
Transactions as of
30 Sep 2024
Net transactions value
-$47,223
Form type
4
Filing time
02 Oct 2024, 21:41:11 UTC
Previous filing
01 Oct 2024
Next filing
14 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLSK Common Stock Award $0 +32,120 +6% $0.000000 570,771 30 Sep 2024 Direct F1, F2
transaction CLSK Common Stock Tax liability $47,223 -5,056 -0.89% $9.34 565,715 30 Sep 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The total reported amount includes RSUs granted on September 30, 2024, with 40%, or 12,848, of the RSUs vesting immediately, and the remaining 19,272 vesting in twelve equal quarterly installments beginning on February 13, 2025 and continuing quarterly thereafter on May 13, 2025, August 13, 2025, December 3, 2025, February 13, 2026, May 13, 2026, August 13, 2026, December 3, 2026, February 12, 2027, May 13, 2027, August 13, 2027 and December 3, 2027, subject to the officer's continued service to the Company through each vesting date.
F2 This total amount includes 19,272 RSUs vesting in twelve equal quarterly installments beginning on February 13, 2025 and continuing quarterly thereafter on May 13, 2025, August 13, 2025, December 3, 2025, February 13, 2026, May 13, 2026, August 13, 2026, December 3, 2026, February 12, 2027, May 13, 2027, August 13, 2027 and December 3, 2027, subject to the officer's continued service to the Company through each vesting date, and further includes 40,000 RSUs which vest on September 12, 2025.
F3 Shares were withheld by Issuer to cover the payment of withholding taxes in connection with the 40% vesting and settlement of the above-mentioned RSUs.