Lori Love - 17 Nov 2021 Form 4 Insider Report for CLEANSPARK, INC. (CLSK)

Role
Chief Financial Officer
Signature
/s/ Lori Love
Issuer symbol
CLSK
Transactions as of
17 Nov 2021
Net transactions value
+$50,976
Form type
4
Filing time
19 Nov 2021, 20:27:59 UTC
Previous filing
10 Nov 2021
Next filing
21 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLSK Common Stock Options Exercise $27,000 +3,000 +2.4% $9.00 128,553 17 Nov 2021 Direct F1
transaction CLSK Common Stock Options Exercise $23,976 +2,664 +2.1% $9.00 131,217 17 Nov 2021 Direct F2

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 CLSK Employee Stock Option (Right to Buy) Options Exercise $0 -3,000 -30% $0.000000 7,000 17 Nov 2021 Common Stock 3,000 $9.00 Direct F3
transaction CLSK Employee Stock Option (Right to Buy) Options Exercise $0 -2,664 -42% $0.000000 3,614 17 Nov 2021 Common Stock 2,664 $9.00 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 $27,000 was paid in cash by the reporting person as consideration for the option exercise.
F2 $23,976 was paid in cash by the reporting person as consideration for the option exercise.
F3 On October 26, 2020, the compensation committee of the board of directors of the Issuer approved the grant of an option to purchase 10,000 shares of common stock to the Reporting Person under the Issuer's equity incentive plan, which options vest pursuant to certain corporate milestones of the Issuer for fiscal year 2021.