DUCHENE TODD M 4
4 · Core Scientific, Inc./tx · Filed Dec 16, 2024
Insider Transaction Report
Form 4
DUCHENE TODD M
See remarks
Transactions
- Exercise of In-Money
Common Stock
2024-12-12$0.01/sh+267,301$2,673→ 2,125,752 total - Gift
Tranche 1 Warrants
2024-12-12−20,000→ 537,133 totalExercise: $6.81From: 2024-01-23Exp: 2027-01-23→ Common Stock (20,000 underlying) - Exercise of In-Money
Tranche 2 Warrants
2024-12-12−267,301→ 0 totalExercise: $0.01Exp: 2029-01-23→ Common Stock (267,301 underlying)
Footnotes (2)
- [F1]Reflects a charitable donation. Each whole Tranche 1 Warrant entitles the registered holder to purchase one whole share of the Issuer's common stock at an exercise price of $6.81 per share, subject to certain adjustments.
- [F2]Each whole Tranche 2 Warrant entitles the registered holder to purchase one whole share of the Issuer's common stock at an exercise price of $0.01 per share at any time following the time the volume weighted average price per share of the Issuer's common stock equals or exceeds $8.72 per share on each trading day for 20 consecutive trading days, subject to certain adjustments. The Tranche 2 Warrants became exercisable at the option of the registered holders on July 11, 2024.