Gregory A. Beard - Jan 18, 2024 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
Jan 18, 2024
Transactions value $
$83,132
Form type
4
Date filed
1/18/2024, 04:05 PM
Previous filing
Dec 29, 2023
Next filing
Mar 19, 2024

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 Sale -$52.2K -10.1K -2.44% $5.15 406K Jan 18, 2024 Direct
transaction SDIG Class A common stock, par value $0.0001 Award $135K +18K +4.44% $7.51 424K Jan 18, 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Remarks:

On November 7, 2022, Mr. Beard agreed to separate his $600,000 annual salary to a cash salary of $58,500 per year and $541,500 in equity compensation. The securities sold pursuant to this Form 4 are solely to cover taxes associated with equity compensation received by Mr. Beard in 2023. The securities awarded to Mr. Beard pursuant to this Form 4 represent the equity portion of his salary for the fourth quarter of 2023 in immediately vested shares. Due to a recently discovered error in computing total number of shares owned by Mr. Beard, previous Form 4 reports showed the total number of shares under reported by 124,155 shares. Each of Mr. Beard's acquisitions and sales of stock were accurately reported on Form 4.