| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | MARA | Common Stock | Conversion of derivative security | $250K | +32.6K | +162.76% | $7.68 | 52.6K | Jan 16, 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 | $250K | +32.6K | $7.68 | 32.6K | Jan 16, 2023 | Common | 32.6K | $7.68 | Direct | F1, F2, F4 | |
| transaction | MARA | RSUs | Disposed to Issuer | -$250K | -32.6K | -100% | $7.68 | 0 | Jan 16, 2023 | Common | 32.6K | $7.68 | 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 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. |