Rahul Mewawalla - Jul 19, 2023 Form 4 Insider Report for Mawson Infrastructure Group Inc. (MIGI)

Role
Chief Executive Officer, Director
Signature
/s/ Rahul Mewawalla
Stock symbol
MIGI
Transactions as of
Jul 19, 2023
Transactions value $
$0
Form type
4
Date filed
7/21/2023, 04:05 PM
Previous filing
Jul 3, 2023
Next filing
Nov 24, 2023

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 MIGI Restricted Stock Units Award $0 +1.51M +50% $0.00 4.52M Jul 19, 2023 Common Stock 1.51M Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The RSUs granted under this award vest on March 30, 2024, subject to the Reporting Person remaining employed by or otherwise providing services to the Company (or one of its Subsidiaries) through such date. Once vested, the RSUs are exercisable until expiration.