Alexander G. Fraser - 30 Oct 2024 Form 4 Insider Report for GRIID Infrastructure Inc.

Reporting relationship: General Counsel & Secretary
Issuer ticker: N/A
Reported as of: 30 Oct 2024
Net transaction value: $0
SEC form: 4
Accepted by SEC: 31 Oct 2024, 20:15:46 UTC
Prior SEC filing: 18 Apr 2024
Source filing: View source filing
Reporting owner signature: /s/ Alexander G. Fraser

Key filing fact

Alexander G. Fraser filed Form 4 for GRIID Infrastructure Inc. on 31 Oct 2024.

Key facts

This page summarizes Alexander G. Fraser's Form 4 filing for GRIID Infrastructure Inc..
2 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 31 Oct 2024, 20:15.

Change

Previous filing in this sequence was filed on 18 Apr 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 derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

GRDI transaction Derivative

Employee Stock Options (right to buy)

Disposed to Issuer

Transaction value: $0
Shares: -300,000
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 30 Oct 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 300,000
Exercise price: $0.9880
Footnotes: F1

GRDI transaction Derivative

Employee Stock Options (right to buy)

Disposed to Issuer

Transaction value: $0
Shares: -300,000
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 30 Oct 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 300,000
Exercise price: $1.09
Footnotes: F2

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

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Alexander G. Fraser 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

This vested option was 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. or converted into the right to receive fully paid and nonassessable shares of CleanSpark common stock in accordance with the terms of the Merger Agreement.

Footnote F2

This vested option was canceled pursuant to the closing of the merger contemplated under the Merger Agreement or converted into the right to receive fully paid and nonassessable shares of CleanSpark common stock in accordance with the terms of the Merger Agreement.