Gregory A. Beard - Mar 15, 2023 Form 4 Insider Report for Stronghold Digital Mining, Inc. (SDIG)

Signature
/s/ Matthew Usdin, attorney-in-fact for Gregory A. Beard
Stock symbol
SDIG
Transactions as of
Mar 15, 2023
Transactions value $
$950,000
Form type
4
Date filed
3/17/2023, 06:13 PM
Previous filing
Jan 25, 2023
Next filing
Apr 24, 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 $950K +2M +268.47% $0.48 2.74M Mar 15, 2023 Direct

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 SDIG Warrants (to purchase Class A common stock) Expiration (or cancellation) of long derivative position with value received $0 -835K $0.00 $0 Mar 15, 2023 Class A common stock, par value $0.0001 835K $9.33 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Remarks:

Pursuant to the Company's Omnibus Incentive Plan, Mr. Beard was awarded 2,000,000 shares of class A common stock. One-half of the shares will vest in one year, and the remaining shares will vest 18 months from the grant date. All of Mr. Beard's options were cancelled.