Key facts
- This page summarizes Gregory A. Beard's Form 4 filing for Stronghold Digital Mining, Inc..
- 5 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 24 Apr 2023, 21:48.
Gregory A. Beard - 20 Apr 2023 Form 4 Insider Report for Stronghold Digital Mining, Inc.
- Reporting relationship
- Chief Executive Officer, Director, 10%+ Owner
- Issuer ticker
- N/A
- Reported as of
- 20 Apr 2023
- Net transaction value
- +$1,149,764
- SEC form
- 4
- Accepted by SEC
- 24 Apr 2023, 21:48:54 UTC
- Prior SEC filing
- 17 Mar 2023
- Next SEC filing
- 12 Jul 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Matthew Usdin, attorney-in-fact for Gregory A. Beard
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Filing notes and source
Key filing fact
Gregory A. Beard filed Form 4 for Stronghold Digital Mining, Inc. on 24 Apr 2023.
Change
- Previous filing in this sequence was filed on 17 Mar 2023.
- Current net transaction value: +$1,149,764.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
SDIG
transaction
Class A common stock, par value $0.0001
Award
- Transaction value
- $149,764
- Shares
- +241,555
- Change %
- +8.8%
- Price
- $0.6200
- Shares after
- 2,986,507
- Date
- 20 Apr 2023
- Ownership
- Direct
- Footnotes
- F1, F2
SDIG
transaction
Class A common stock, par value $0.0001
Purchase
- Transaction value
- $1,000,000
- Shares
- +1,000,000
- Change %
- +33%
- Price
- $1.00
- Shares after
- 3,986,507
- Date
- 20 Apr 2023
- Ownership
- Direct
- Footnotes
- F3
SDIG
holding
Class A common stock, par value $0.0001
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 14,400
- Date
- 20 Apr 2023
- Ownership
- By Q Power LLC
- Footnotes
- F4, F5
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
SDIG
transaction
Derivative
Warrants (to purchase Class A common stock)
Purchase
- Transaction value
- Shares
- +1,000,000
- Change %
- Price
- Shares after
- 1,000,000
- Date
- 20 Apr 2023
- Ownership
- Direct
- Underlying class
- Class A common stock, par value $0.0001
- Underlying amount
- 1,000,000
- Exercise price
- $1.10
- Footnotes
- F3, F6
SDIG
transaction
Derivative
Warrants (to purchase Class A common stock)
Disposed to Issuer
- Transaction value
- Shares
- -602,409
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 20 Apr 2023
- Ownership
- Direct
- Underlying class
- Class A common stock, par value $0.0001
- Underlying amount
- 602,409
- Exercise price
- $1.75
- Footnotes
- F7
SDIG
transaction
Derivative
Warrants (to purchase Class A common stock)
Purchase
- Transaction value
- Shares
- +602,409
- Change %
- Price
- Shares after
- 602,409
- Date
- 20 Apr 2023
- Ownership
- Direct
- Underlying class
- Class A common stock, par value $0.0001
- Underlying amount
- 602,409
- Exercise price
- $1.01
- Footnotes
- F7
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 7 footnotes
Footnote F1
On November 7, 2022, the Reporting Person agreed to separate his $600,000 annual salary to a cash salary of $58,500 per year and $541,500 in equity compensation. This award represents the equity portion of his salary from January 1, 2023 through March 31, 2023 in immediately vested shares.
Footnote F2
Represents the average of the 30-day volume-weighted average price of Stronghold Digital Mining, Inc.'s (the "Issuer") Class A common stock, par value $0.0001 per share ("Common Stock") for each of January, February and March 2023.
Footnote F3
The Reporting Person purchased 1,000,000 shares of Stronghold Digital Mining, Inc.'s (the "Issuer") Class A common stock, par value $0.0001 per share ("Common Stock") and warrants to purchase 1,000,000 shares of Common Stock, pursuant to a securities purchase agreement by and between the Reporting Person and the Issuer, dated as of April 20, 2023 (the "Securities Purchase Agreement"), as part of a private placement for an aggregate purchase price of approximately $1.0 million.
Footnote F4
The Reporting Person is a managing member of Q Power LLC and may be deemed to be the beneficial owner of the securities held directly by Q Power LLC.
Footnote F5
The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of, or has any pecuniary interests in, such securities for purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, or for any other purpose.
Footnote F6
The warrants are exercisable six months after the date of issuance and will expire five and one-half years from the date of issuance.
Footnote F7
The two reported transactions involved an amendment to adjust the exercise price and expiration date of warrants issued to the Reporting Person by the Issuer on September 19, 2022 (as amended, the "Amended Warrants"). The Amended Warrants will expire on April 20, 2028.