Jay P. Leupp - Jan 3, 2022 Form 4 Insider Report for MARATHON DIGITAL HOLDINGS, INC. (MARA)

Role
Director
Signature
/s/ Jay Leupp
Stock symbol
MARA
Transactions as of
Jan 3, 2022
Transactions value $
$0
Form type
4
Date filed
1/20/2022, 08:08 PM
Previous filing
Oct 8, 2021
Next filing
Feb 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MARA Common Stock Conversion of derivative security $134K +4.07K +50% $32.89 12.2K Jan 3, 2022 Direct F3, F5

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 MARA RSUs Disposed to Issuer -$134K -4.07K -50% $32.89 4.07K Jan 3, 2022 Common 4.07K $0.00 Direct F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vested restricted stock units ("RSUs") granted under the Marathon Patent Group, Inc. 2018 Equity Incentive Plan (the "Plan") convert into shares of the Issuer's Common Stock on a one-for-one basis upon settlement by the Issuer in accordance with the procedures of the Plan.
F2 On the date in column 3, in connection with the Reporting Person's service as a director of the Corporation, the Reporting Person was granted an award as stated in those rows denoted as "A" in column 4, which immediately vested in those rows denoted as "D" in column 4.
F3 Represents the total direct and indirect beneficial ownership of the security held by the Reporting Person immediately following the issuance reported by this Form 4.
F4 Immediate vesting.
F5 Amount in column (4) is net of shares sold for tax purposes.