Taylor Monnig - Nov 29, 2024 Form 4 Insider Report for CLEANSPARK, INC. (CLSK)

Signature
/s/ Taylor Monnig
Stock symbol
CLSK
Transactions as of
Nov 29, 2024
Transactions value $
-$19,373
Form type
4
Date filed
11/29/2024, 07:36 PM
Previous filing
Oct 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLSK Common Stock Sale -$19.4K -1.35K -0.66% $14.35 203K Nov 29, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 21, 2023.
F2 This total amount includes 6,424 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, 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, all subject to the officer's continued service to the Company through each vesting date.