Victor Semah - 03 May 2024 Form 4 Insider Report for Hut 8 Corp. (HUT)

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	Award	$0	+81,301		$0.000000	81,301	03 May 2024	Common Stock	81,301		Direct	F1, F2
transaction	HUT	Performance Stock Units	Award	$0	+81,301		$0.000000	81,301	03 May 2024	Common Stock	81,301		Direct	F3, F4

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

Id	Content
F1	Each restricted stock unit ("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.
F2	These RSUs shall vest in three equal annual installments beginning on May 1, 2025.
F3	Each performance stock unit ("PSU") represents a contingent right to receive one share of Issuer common stock. The PSUs will be settled in either common stock or cash (or a combination thereof) at the discretion of the Issuer.
F4	The number of PSUs reported represents the target number awarded on the grant date. The number of PSUs that vest will range from 0% to 200% of the target amount shown based upon the achievement of certain stock price criteria set forth in the PSU agreement during the period commencing on March 26, 2025 and ending on March 26, 2027. Any PSUs that become eligible to vest based on the performance of the Issuer's common stock will vest as of March 26, 2027.