Thomas Pacchia - Jan 25, 2023 Form 4 Insider Report for Stronghold Digital Mining, Inc. (SDIG)

Role: Director
Signature: /s/ Matthew Usdin, as Attorney-in-Fact for Thomas Pacchia
Stock symbol: SDIG
Transactions as of: Jan 25, 2023
Transactions value $: $80,000
Form type: 4
Date filed: 1/25/2023, 11:33 AM
Previous filing: Oct 11, 2022
Next filing: Apr 25, 2023

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	$80K	+138K	+372.79%	$0.58	175K	Jan 25, 2023	Direct

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

Remarks:

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 fourth quarter of fiscal year 2022, prorated (as applicable) for the reporting person's start date. In addition, the director elected to receive their 2023 annual cash retainer in Stock pursuant to the Policy.