Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MIGI | Common Stock | Options Exercise | +1.8M | +206.14% | 2.67M | Jul 1, 2024 | Direct | F1 | ||
transaction | MIGI | Common Stock | Tax liability | -$1.21M | -766K | -28.64% | $1.58 | 1.91M | Jul 1, 2024 | Direct |
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 | +1.8M | $0.00 | 1.8M | Jul 1, 2024 | Common Stock | 1.8M | Direct | F1, F2 | ||
transaction | MIGI | Restricted Stock Units | Options Exercise | $0 | -1.8M | -100% | $0.00* | 0 | Jul 1, 2024 | Common Stock | 1.8M | Direct | F3, F4 | |
transaction | MIGI | Restricted Stock Units | Award | $0 | +2.88M | $0.00 | 2.88M | Jul 1, 2024 | Common Stock | 2.88M | Direct | F1, F5 | ||
transaction | MIGI | Stock Option | Award | $0 | +1.75M | $0.00 | 1.75M | Jul 1, 2024 | Common Stock | 1.75M | $1.58 | Direct | F6 |
Id | Content |
---|---|
F1 | Each restricted stock unit is issued under and subject to the terms of the Mawson Infrastructure Group Inc 2024 Omnibus 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 restricted stock units granted under this award vest on July 1, 2024. |
F3 | Restricted stock units convert into common stock on a one-for-one basis. |
F4 | On July 1, 2024, the reporting person was granted 1,801,153 restricted stock units and vesting and settling on the same date. |
F5 | The restricted stock units granted under this award vest in four equal, annual installments on August 26, 2025, August 25, 2026, August 24, 2027 and August 23, 2028. Once vested, the RSUs are exercisable until expiration. |
F6 | The Stock Option vests in amounts when the Company's average stock price for ten days has reached or exceeded the corresponding price as follow: 500,000 Shares vest at price of $1.89, 400,000 Shares vest at price of $2.30, 300,000 Shares vest at $3.60, 200,000 Shares vest at price of $4.70, 100,000 Shares vest at price of $6.00, 100,000 Shares vest at price of $7.10, 100,000 Shares vest at price of $8.20, and 50,000 Shares vest at price of $9.40. Provided that if the corresponding price vesting condition is met prior to January 1, 2025, such portion of the option shall vest on January 1, 2025. In addition, if the Company undergoes or upon a change in control, all Options shall be fully and immediately accelerated. |
Exhibit 24.1: Power of Attorney