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

Signature
/s/ Matthew Usdin, attorney-in-fact for Gregory A. Beard
Issuer symbol
N/A
Transactions as of
15 Mar 2023
Net transactions value
+$950,000
Form type
4
Filing time
17 Mar 2023, 18:13:58 UTC
Previous filing
25 Jan 2023
Next filing
24 Apr 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 $950,000 +2,000,000 +268% $0.4750 2,744,952 15 Mar 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 -835,200 $0.000000 $0 15 Mar 2023 Class A common stock, par value $0.0001 835,200 $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.