Shenif Visram - Apr 30, 2024 Form 4 Insider Report for Hut 8 Corp. (HUT)

Signature
/s/ Asher Genoot, as Attorney-in-Fact
Stock symbol
HUT
Transactions as of
Apr 30, 2024
Transactions value $
$0
Form type
4
Date filed
5/2/2024, 04:31 PM
Previous filing
Dec 27, 2023
Next filing
May 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HUT Common Stock Options Exercise +33.3K +215.93% 48.8K Apr 30, 2024 Direct F1

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 HUT Restricted Stock Units Options Exercise $0 -33.3K -50% $0.00 33.3K Apr 30, 2024 Common Stock 33.3K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects restricted stock units ("RSUs") that upon vesting converted into shares of Issuer common stock on a one-for-one basis.
F2 Each RSU represents a contingent right to receive one share of Issuer common stock. The RSUs will be settled in either common stock or cash (or a combination thereof) at the discretion of the Issuer.
F3 The vesting of these RSUs was accelerated from December 31, 2024 to April 30, 2024. The vesting of the remaining RSUs was accelerated from December 31, 2025 to July 31, 2024.