| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | MARA | Common Stock | Conversion of derivative security | $147K | +20.6K | +9.81% | $7.11 | 231K | Feb 27, 2023 | Direct | F3, F5 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | MARA | RSUs | Award | $3.16M | +150K | $21.04 | 150K | Feb 23, 2022 | Common | 150K | $0.00 | Direct | F2, F4 | |
| transaction | MARA | RSUs | Disposed to Issuer | -$267K | -37.5K | -25% | $7.11 | 113K | Feb 27, 2023 | Common | 37.5K | $0.00 | Direct | F1, F2, F4 |
| 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. |