Ashu Swami - Dec 8, 2023 Form 4 Insider Report for MARATHON DIGITAL HOLDINGS, INC. (MARA)

Signature
/s/ Ashu Swami
Stock symbol
MARA
Transactions as of
Dec 8, 2023
Transactions value $
-$224,400
Form type
4
Date filed
12/12/2023, 06:46 PM
Previous filing
Nov 21, 2023
Next filing
Jan 12, 2024

Transactions Table

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects a grant of restricted stock units ("RSUs") made under the Marathon Patent Group, Inc. 2018 Equity Incentive Plan (the "Plan"), which RSUs grant over a three-year period, with 25% of the grant vesting immediately, and 6.25% of the grant vesting quarterly thereafter. Each RSU represents a contingent right to receive one share of Common Stock.
F2 Reflects the weighted average price at which shares of Common Stock were sold to cover the payment of taxes in connection with the vesting of RSUs reported herein. The shares were sold in multiple transactions at prices ranging from $15.61 to $16.61, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F3 Reflects the weighted average price at which shares of Common Stock were sold to cover the payment of taxes in connection with the vesting of RSUs reported herein. The shares were sold in multiple transactions at prices ranging from $16.63 to $16.70, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.