Kevin A. Denuccio - 05 Oct 2021 Form 4 Insider Report for MARATHON DIGITAL HOLDINGS, INC. (MARA)

Role
Director
Signature
/s/ Kevin DeNuccio
Issuer symbol
MARA
Transactions as of
05 Oct 2021
Net transactions value
-$80,738
Form type
4
Filing time
16 May 2022, 06:15:21 UTC
Previous filing
25 Aug 2021
Next filing
03 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MARA Common Stock Conversion of derivative security $229,271 +12,632 +18% $18.15 84,575 25 Apr 2022 Direct F5
transaction MARA Common Stock Purchase $148,533 +15,424 +18% $9.63 99,999 12 May 2022 Direct F6

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 $229,271 -12,632 -50% $18.15 12,632 25 Apr 2022 Common 12,632 $0.000000 Direct F1, F2, F4
transaction MARA RSUs Disposed to Issuer $229,271 -12,632 -100% $18.15 0 25 Apr 2022 Common 12,632 $0.000000 Direct F1, F2, F3, 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.
F6 Average price of all purchases on 5/12/22.