Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MIGI | Restricted Stock Units (RSUs) | Award | $0 | +120K | $0.00 | 120K | Nov 1, 2021 | Common Stock | 120K | Direct | F1, F2, F3 |
Id | Content |
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F1 | On November 3, 2021 the reporting person filed a Form 4 (the "November 2021 Form 4") which reported 120,000 RSUs as Common Stock in Table I. Because the RSUs represent the right to receive one share of common stock, an equivalent cash amount or a combination thereof at the discretion of the Administrator of the Plan (as defined below) the November 2021 Form 4 is being amended hereby to report the RSUs reported in Table I of the November 2021 Form 4 in Table II as Derivative Securities and to correct the reporting person's beneficial ownership of Common Stock by excluding those RSUs. |
F2 | Each RSU is issued under and subject to the terms of the Mawson Infrastructure Group Inc 2021 Equity Incentive Plan ("Plan"), and represents the right to receive, at settlement, one share of common stock, an equivalent cash amount at fair market value, or a combination, at the discretion of the Administrator of the Plan. |
F3 | All RSUs granted under this award vested at the latest on December 31, 2021. |