Frederick G. Thiel - 26 Jul 2022 Form 4 Insider Report for MARATHON DIGITAL HOLDINGS, INC. (MARA)

Role
CEO, Director
Signature
/s/ Frederick G Thiel
Issuer symbol
MARA
Transactions as of
26 Jul 2022
Net transactions value
+$5,277,915
Form type
4
Filing time
17 May 2023, 08:53:21 UTC
Previous filing
18 May 2022
Next filing
11 Oct 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MARA Common Stock Conversion of derivative security $223,168 +22,074 +12% $10.11 208,749 26 Jul 2022 Direct F3, F5
transaction MARA Common Stock Conversion of derivative security $278,797 +21,266 +12% $13.11 192,515 01 Nov 2022 Direct
transaction MARA Common Stock Conversion of derivative security $182,219 +20,825 +11% $8.75 218,340 30 Jan 2023 Direct
transaction MARA Common Stock Conversion of derivative security $203,731 +21,536 +9.9% $9.46 239,876 26 Apr 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 $421,082 +41,650 +17% $10.11 291,550 26 Jul 2022 Common 500,000 $0.000000 Direct F2, F4
transaction MARA RSUs Disposed to Issuer $421,082 -41,650 -12% $10.11 291,550 26 Jul 2022 Common 41,650 $0.000000 Direct F1, F2, F4
transaction MARA RSUs Award $546,032 +41,650 +20% $13.11 249,900 01 Nov 2022 Common 500,000 $0.000000 Direct F2, F4
transaction MARA RSUs Disposed to Issuer $546,032 -41,650 -14% $13.11 249,900 01 Nov 2022 Common 41,650 $0.000000 Direct F1, F2, F4
transaction MARA RSUs Award $364,438 +41,650 +25% $8.75 208,250 30 Jan 2023 Common 500,000 $0.000000 Direct F2, F4
transaction MARA RSUs Disposed to Issuer $364,438 -41,650 -17% $8.75 208,250 30 Jan 2023 Common 41,650 $0.000000 Direct F1, F2, F4
transaction MARA RSUs Award $394,009 +41,650 +33% $9.46 166,600 26 Apr 2023 Common 500,000 $0.000000 Direct F2, F4
transaction MARA RSUs Disposed to Issuer $394,009 -41,650 -20% $9.46 166,600 26 Apr 2023 Common 41,650 $0.000000 Direct F1, F2, F4
transaction MARA RSUs Award $4,390,000 +500,000 +300% $8.78 666,600 01 May 2023 Common 500,000 $0.000000 Direct F4, F6
* 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. 41,650 RSUs were issued and automatically vested on 7/26/22 bringing total RSUs acquired from 333,200 to 291,550, then on 11/1/2022 from 291,550 to 249,900, then on 1/30/2023 from 249,900 to 208,250 and again on 4/26/2023 from 208,250 to 166,600.
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 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 donated as "D" in column 4.