David L. Shrier - Dec 29, 2023 Form 4 Insider Report for GRIID Infrastructure Inc. (GRDI)

Role
Director
Signature
/s/ David L. Shrier
Stock symbol
GRDI
Transactions as of
Dec 29, 2023
Transactions value $
$6,748
Form type
4
Date filed
1/3/2024, 04:30 PM
Previous filing
Dec 29, 2023
Next filing
Jan 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRDI Common Stock Purchase $894 +175 +7.78% $5.11 2.43K Dec 29, 2023 Direct F1, F2, F3
transaction GRDI Common Stock Purchase $5.11K +950 +237.5% $5.38 1.35K Dec 29, 2023 See Footnote F1, F3, F4, F5
transaction GRDI Common Stock Purchase $743 +100 +12.5% $7.43 900 Dec 29, 2023 Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As described in the Issuer's registration statement on Form S-1 (File No. 333-251641) (the "Registration Statement") under the heading "Description of Securities--Founder Shares."
F2 Represents the weighted average purchase price of several purchases made on the open market at prices ranging from $5.02 to $5.20 per share.
F3 The reporting person undertakes to provide (upon request by the SEC staff, the Issuer or a security holder of the Issuer) full information regarding the number of shares purchased at each separate price.
F4 Represents the weighted average purchase price of several purchases made on the open market at prices ranging from $5.09 to $5.76 per share.
F5 Consists of 950 shares purchased by Visionary Future LLC. The David Shrier Revocable Trust, of which the reporting person is the sole beneficiary, is the sole member of Visionary Future LLC.
F6 Each unit consists of one share of the Issuer's common stock and one-half of one warrant to purchase one share of the Issuer's common stock, as described in the Issuer's registration statement on Form S-1 (File No. 333-251641) (the "Registration Statement") under the heading "Description of Securities--Units."