James Donald Kelly III - 30 Oct 2024 Form 4 Insider Report for GRIID Infrastructure Inc.

Reporting relationship: CEO and Chair of Board, Director
Issuer ticker: N/A
Reported as of: 30 Oct 2024
Net transaction value: $0
SEC form: 4
Accepted by SEC: 31 Oct 2024, 20:12:32 UTC
Prior SEC filing: 03 Jan 2024
Source filing: View source filing
Reporting owner signature: /s/ Alexander G. Fraser, Attorney-in-Fact

Key filing fact

James Donald Kelly III filed Form 4 for GRIID Infrastructure Inc. on 31 Oct 2024.

Key facts

This page summarizes James Donald Kelly III's Form 4 filing for GRIID Infrastructure Inc..
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 31 Oct 2024, 20:12.

Change

Previous filing in this sequence was filed on 03 Jan 2024.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

GRDI transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -29,586,702
Change %: -100%
Price
Shares after: 0
Date: 30 Oct 2024
Ownership: by GRIID Holdings, LLC
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

James Donald Kelly III is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

These shares were canceled pursuant to the closing of the merger contemplated under the Agreement and Plan of Merger (the "Merger Agreement"), dated as of June 26, 2024, by and among the Issuer, CleanSpark, Inc. ("CleanSpark") and Tron Merger Sub, Inc. and automatically converted into the right to receive fully paid and nonassessable shares of CleanSpark common stock pursuant to the terms of the Merger Agreement.

Footnote F2

Mr. Kelly is the sole member of GRIID Holdings, LLC. Mr Kelly has sole voting and/or investment power of the securities helf by this entity and, as a result, is deemed to have beneficial ownership of the shares held by this entity.