Lori Love - 08 Nov 2021 Form 4 Insider Report for CLEANSPARK, INC. (CLSK)

Role
Chief Financial Officer
Signature
/s/ Lori Love
Issuer symbol
CLSK
Transactions as of
08 Nov 2021
Net transactions value
$0
Form type
4
Filing time
10 Nov 2021, 16:28:32 UTC
Previous filing
10 May 2021
Next filing
19 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLSK Common Stock Award $0 +9,000 +8.7% $0.000000 112,303 08 Nov 2021 Direct F1
transaction CLSK Common Stock Award $0 +13,250 +12% $0.000000 125,553 08 Nov 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CLSK Employee Stock Option (Right to Buy) Award $0 +10,000 $0.000000 10,000 08 Nov 2021 Common Stock 10,000 $20.48 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 9,000 restricted stock units awarded to the Reporting Person under the Issuer's 2017 Equity Incentive Plan, as amended (the "Plan"), in connection with the Reporting Person's service as an executive officer of the Issuer, which restricted stock units shall vest as follows: (i) 750 are vested upon issuance, and (ii) the remaining 8,250 shall vest in equal monthly installments over the next 11 months.
F2 Represents 13,250 shares of restricted common stock, the vesting of which shares is subject to the achievement of certain corporate milestones of the Issuer.
F3 Vesting of the options is subject to the achievement of certain corporate milestones of the Issuer.