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

Role
CEO, Director
Signature
/s/ Frederick G Thiel
Stock symbol
MARA
Transactions as of
Jul 26, 2022
Transactions value $
$5,277,915
Form type
4
Date filed
5/17/2023, 08:53 AM
Previous filing
May 18, 2022
Next filing
Oct 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MARA Common Stock Conversion of derivative security $223K +22.1K +11.82% $10.11 209K Jul 26, 2022 Direct F3, F5
transaction MARA Common Stock Conversion of derivative security $279K +21.3K +12.42% $13.11 193K Nov 1, 2022 Direct
transaction MARA Common Stock Conversion of derivative security $182K +20.8K +10.54% $8.75 218K Jan 30, 2023 Direct
transaction MARA Common Stock Conversion of derivative security $204K +21.5K +9.86% $9.46 240K Apr 26, 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 $421K +41.7K +16.67% $10.11 292K Jul 26, 2022 Common 500K $0.00 Direct F2, F4
transaction MARA RSUs Disposed to Issuer -$421K -41.7K -12.5% $10.11 292K Jul 26, 2022 Common 41.7K $0.00 Direct F1, F2, F4
transaction MARA RSUs Award $546K +41.7K +20% $13.11 250K Nov 1, 2022 Common 500K $0.00 Direct F2, F4
transaction MARA RSUs Disposed to Issuer -$546K -41.7K -14.29% $13.11 250K Nov 1, 2022 Common 41.7K $0.00 Direct F1, F2, F4
transaction MARA RSUs Award $364K +41.7K +25% $8.75 208K Jan 30, 2023 Common 500K $0.00 Direct F2, F4
transaction MARA RSUs Disposed to Issuer -$364K -41.7K -16.67% $8.75 208K Jan 30, 2023 Common 41.7K $0.00 Direct F1, F2, F4
transaction MARA RSUs Award $394K +41.7K +33.33% $9.46 167K Apr 26, 2023 Common 500K $0.00 Direct F2, F4
transaction MARA RSUs Disposed to Issuer -$394K -41.7K -20% $9.46 167K Apr 26, 2023 Common 41.7K $0.00 Direct F1, F2, F4
transaction MARA RSUs Award $4.39M +500K +300.12% $8.78 667K May 1, 2023 Common 500K $0.00 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.