Matthew J. Smith - 15 Mar 2023 Form 4 Insider Report for Stronghold Digital Mining, Inc.

Signature
/s/ Matthew Usdin, as Attorney-in-Fact for Matthew J. Smith
Issuer symbol
N/A
Transactions as of
15 Mar 2023
Net transactions value
+$285,000
Form type
4
Filing time
17 Mar 2023, 18:16:40 UTC
Previous filing
02 May 2022
Next filing
12 Jul 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 $285,000 +600,000 +236% $0.4750 854,536 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 Class A common stock, par value $0.0001 Expiration (or cancellation) of long derivative position with value received $0 -28,800 -100% $0.000000* 0 15 Mar 2023 Warrants (to purchase Class A common stock) 28,800 $21.29 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. Smith was awarded 600,000 shares of class A common stock. One-half of the shares will vest in 12 months, and the remaining shares will vest 18 months from the grant date. All of Mr. Smith's options were cancelled.