Jaime Leverton - Dec 9, 2023 Form 4 Insider Report for Hut 8 Corp. (HUT)

Role
Chief Executive Officer, Director
Signature
/s/ Aniss Amdiss, as Attorney-in-Fact
Stock symbol
HUT
Transactions as of
Dec 9, 2023
Transactions value $
$0
Form type
4
Date filed
12/12/2023, 09:31 PM
Previous filing
Dec 6, 2023
Next filing
Dec 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HUT Common Stock Options Exercise +184K +119.95% 337K Dec 9, 2023 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 -184K -33.33% $0.00 368K Dec 9, 2023 Common Stock 184K 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 Reflects RSUs that vest in three equal annual installments beginning on December 9, 2023.