Jay P. Leupp - 31 Jan 2024 Form 4 Insider Report for MARATHON DIGITAL HOLDINGS, INC. (MARA)

Role: Director
Signature: /s/ Zabi Nowaid, Attorney-in-Fact for Jay Leupp
Issuer symbol: MARA
Transactions as of: 31 Jan 2024
Net transactions value: $0
Form type: 4
Filing time: 02 Feb 2024, 21:45:57 UTC
Previous filing: 27 Jun 2023
Next filing: 06 May 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MARA	Common Stock	Award	$0	+62,317	+100%	$0.000000	124,869	31 Jan 2024	Direct	F1

* 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 to the Reporting Person under the Issuer's 2018 Equity Incentive Plan. The RSUs vested in full on January 31, 2024 (the "Grant Date"). Each RSU represents a contingent right to receive one share of the Issuer's common stock, par value $0.0001 per share. The number of RSUs is equal to $850,000 divided by the average closing price over the prior 100 consecutive trading days as determined on the Grant Date.

Content

Reflects a grant of restricted stock units ("RSUs") made to the Reporting Person under the Issuer's 2018 Equity Incentive Plan. The RSUs vested in full on January 31, 2024 (the "Grant Date"). Each RSU represents a contingent right to receive one share of the Issuer's common stock, par value $0.0001 per share. The number of RSUs is equal to $850,000 divided by the average closing price over the prior 100 consecutive trading days as determined on the Grant Date.

Remarks:

Exhibit 24 - Power of Attorney