Matthew J. Smith - Jan 10, 2022 Form 4 Insider Report for Stronghold Digital Mining, Inc. (SDIG)

Role: Director
Signature: /s/ Matthew Usdin, as Attorney-in-Fact for Matthew J. Smith
Stock symbol: SDIG
Transactions as of: Jan 10, 2022
Transactions value $: $12,238
Form type: 4
Date filed: 1/11/2022, 04:30 PM
Previous filing: Dec 7, 2021
Next filing: Apr 12, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SDIG	Class A common stock, par value $0.0001	Award	$12.2K	+811	+108.13%	$15.09	1.56K	Jan 10, 2022	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Pursuant to the Issuer's Non-Employee Director Compensation Policy (the "Policy"), non-employee directors receive fully vested shares of Issuer's Class A common stock ("Stock") as an annual retainer for their service on the Issuer's board, unless they elect otherwise, consistent with their Stock ownership obligations. In accordance with the Policy, the reporting person was issued shares of Stock for the portion of the annual retainer covering the last quarter of fiscal year 2021, prorated for the reporting person's start date.

Content

Pursuant to the Issuer's Non-Employee Director Compensation Policy (the "Policy"), non-employee directors receive fully vested shares of Issuer's Class A common stock ("Stock") as an annual retainer for their service on the Issuer's board, unless they elect otherwise, consistent with their Stock ownership obligations. In accordance with the Policy, the reporting person was issued shares of Stock for the portion of the annual retainer covering the last quarter of fiscal year 2021, prorated for the reporting person's start date.