Rahul Mewawalla - 09 Sep 2024 Form 4 Insider Report for Mawson Infrastructure Group Inc. (MIGI)

Signature
/s/ Kaliste Saloom, as Attorney-in-Fact
Issuer symbol
MIGI
Transactions as of
09 Sep 2024
Net transactions value
$0
Form type
4
Filing time
09 Sep 2024, 17:05:24 UTC
Previous filing
03 Jul 2024
Next filing
28 Feb 2025

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 +2,500,000 $0.000000 2,500,000 09 Sep 2024 Common Stock 2,500,000 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 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 and settle as of the following schedule: 833,333 RSUs vest and settle on May 22, 2025, 833,333 RSUs vest and settle on September 23, 2025, and 833,334 RSUs vest and settle on March 31, 2026.

Remarks:

Exhibit 24.1: Power of Attorney