Thomas L. Wood - 02 Oct 2024 Form 4 Insider Report for CLEANSPARK, INC. (CLSK)

Role: Director
Signature: /s/ Thomas Leigh Wood
Issuer symbol: CLSK
Transactions as of: 02 Oct 2024
Net transactions value: $0
Form type: 4
Filing time: 02 Oct 2024, 21:48:19 UTC
Previous filing: 12 Sep 2024
Next filing: 20 Dec 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CLSK	Common Stock	Award	$0	+34,130	+25%	$0.000000	171,180	02 Oct 2024	Direct	F1
holding	CLSK	Series X Preferred						1,000,000	02 Oct 2024	Direct	F2
holding	CLSK	Common Stock						60,196	02 Oct 2024	By Spouse

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This total amount includes RSUs granted on October 2, 2024, vesting in equal quarterly installments beginning on February 13, 2025 and continuing thereafter on May 13, 2025, August 13, 2025 and December 3, 2025, subject to the officer's continued service to the Company through each vesting date.
F2	The terms of the Series X Preferred Stock provide that the holder will cast one thousand (1,000) votes per share, automatically in the same "mirrored" proportion as the aggregate votes cast "FOR"and "AGAINST" by the holders of the Issuer's Common Stock and Series A Preferred Stock on a specific proposal being submitted to stockholders. The Series X Preferred Stock is subject toredemption following the completion of the vote or as otherwise determined by the Board at the original price therefor.

Content

This total amount includes RSUs granted on October 2, 2024, vesting in equal quarterly installments beginning on February 13, 2025 and continuing thereafter on May 13, 2025, August 13, 2025 and December 3, 2025, subject to the officer's continued service to the Company through each vesting date.

The terms of the Series X Preferred Stock provide that the holder will cast one thousand (1,000) votes per share, automatically in the same "mirrored" proportion as the aggregate votes cast "FOR"and "AGAINST" by the holders of the Issuer's Common Stock and Series A Preferred Stock on a specific proposal being submitted to stockholders. The Series X Preferred Stock is subject toredemption following the completion of the vote or as otherwise determined by the Board at the original price therefor.