Said Ouissal - Jan 31, 2024 Form 4/A Insider Report for MARATHON DIGITAL HOLDINGS, INC. (MARA)

Role
Director
Signature
/s/ Zabi Nowaid, Attorney-in-Fact for Said Ouissal
Stock symbol
MARA
Transactions as of
Jan 31, 2024
Transactions value $
$0
Form type
4/A
Date filed
2/6/2024, 09:59 PM
Date Of Original Report
Feb 2, 2024
Previous filing
Aug 25, 2023
Next filing
May 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MARA Common Stock Award $0 +62.3K +609.93% $0.00 72.5K Jan 31, 2024 Direct F1, F2
transaction MARA Common Stock Sale $0 -31.2K -42.96% $0.00 41.4K Jan 31, 2024 Direct F3, F4
* 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 ("Common Stock"). 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.
F2 The original Form 4 inadvertently misreported this number as 52,100 shares due to an administrative error. This amended Form 4 is being filed to revise the number of shares beneficially owned by the Reporting Person following the RSU grant and issuance of Common Stock reported by this Form 4.
F3 Reflects shares of Common Stock withheld by the Issuer to cover the Reporting Person's tax liability in connection with the vesting of RSUs reported herein.
F4 The original Form 4 inadvertently misreported this number as 20,492 shares due to an administrative error. This amended Form 4 is being filed to revise the number of shares beneficially owned by the Reporting Person following the RSU grant and issuance of Common Stock reported by this Form 4.