Ashu Swami - Dec 27, 2021 Form 4 Insider Report for MARATHON DIGITAL HOLDINGS, INC. (MARA)

Role
Chief Technical Officer
Signature
/s/ Ashu Swami
Stock symbol
MARA
Transactions as of
Dec 27, 2021
Transactions value $
$3,231,827
Form type
4
Date filed
5/17/2023, 08:44 AM
Next filing
Sep 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 $46.7K +14.6K $3.20 14.6K Dec 28, 2022 Direct F3, F5
transaction MARA Common Stock Conversion of derivative security $33.1K +3.89K +26.64% $8.51 18.5K Mar 30, 2023 Direct

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 $3.15M +80K $39.40 80K Dec 27, 2021 Common 80K $0.00 Direct F2, F4
transaction MARA RSUs Award $64K +20K +33.33% $3.20 80K Dec 28, 2022 Common 80K $0.00 Direct F2, F4
transaction MARA RSUs Disposed to Issuer -$64K -20K -25% $3.20 60K Dec 28, 2022 Common 20K $0.00 Direct F1, F2, F4
transaction MARA RSUs Award $42.6K +5K +9.09% $8.51 60K Mar 30, 2023 Common 80K $0.00 Direct F2, F4
transaction MARA RSUs Disposed to Issuer -$42.6K -5K -8.33% $8.51 55K Mar 30, 2023 Common 5K $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 an officer 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. 150,000 RSUs were issued and 37,500 automatically vested on 2/27/23 bringing total RSUs acquired from 150,000 to 112,500.
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.