Douglas K. Mellinger - May 1, 2024 Form 4 Insider Report for MARATHON DIGITAL HOLDINGS, INC. (MARA)

Role: Director
Signature: /s/ Zabi Nowaid, Attorney-in-Fact for Douglas K Mellinger
Stock symbol: MARA
Transactions as of: May 1, 2024
Transactions value $: $0
Form type: 4
Date filed: 5/6/2024, 09:05 AM
Previous filing: Feb 2, 2024
Next filing: Aug 14, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MARA	Common Stock	Award	$0	+28.9K	+25.15%	$0.00	144K	May 1, 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 on May 1, 2024 (the "Grant Date") under the Issuer's 2018 Equity Incentive Plan. The RSUs will vest in full on January 31, 2025. 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 $600,000 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 on May 1, 2024 (the "Grant Date") under the Issuer's 2018 Equity Incentive Plan. The RSUs will vest in full on January 31, 2025. 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 $600,000 divided by the average closing price over the prior 100 consecutive trading days as determined on the Grant Date.