James Crawford - Feb 15, 2022 Form 4 Insider Report for MARATHON DIGITAL HOLDINGS, INC. (MARA)

Role
CHIEF OPERATING OFFICER
Signature
/s/ James Crawford
Stock symbol
MARA
Transactions as of
Feb 15, 2022
Transactions value $
$255,500
Form type
4
Date filed
3/4/2022, 11:30 AM
Next filing
Jun 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MARA Common Stock Conversion of derivative security $256K +10K +5% $25.55 210K Feb 15, 2022 Direct 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 Award $256K +10K $25.55 10K Feb 15, 2022 Common 10K $0.00 Direct F1, F2, F3, F4
transaction MARA RSUs Disposed to Issuer -$256K -10K -100% $25.55 0 Feb 15, 2022 Common 10K $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
F4 Immediate vesting.
F5 Amount in column (4) is net shares sold for tax purposes.