Garrison Scott Eugene - Sep 30, 2024 Form 4 Insider Report for CLEANSPARK, INC. (CLSK)

Signature
/s/ Garrison Scott Eugene
Stock symbol
CLSK
Transactions as of
Sep 30, 2024
Transactions value $
-$90,196
Form type
4
Date filed
10/2/2024, 09:46 PM
Previous filing
May 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLSK Common Stock Award $0 +53.5K +34.87% $0.00 207K Sep 30, 2024 Direct F1, F2
transaction CLSK Common Stock Tax liability -$90.2K -9.66K -4.66% $9.34 197K Sep 30, 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 21,413, of the RSUs vesting immediately, and the remaining 32,120 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 32,120 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 RSUs granted on May 7, 2024 of which 33,350 will vest on September 30, 2025, and 33,350 will vest on September 30, 2026.
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.