Kelly James Donald III 4
4 · GRIID Infrastructure Inc. · Filed Oct 31, 2024
Insider Transaction Report
Form 4
Kelly James Donald III
DirectorCEO and Chair of Board
Transactions
- Disposition to Issuer
Common Stock
2024-10-30−29,586,702→ 0 total(indirect: By LLC)
Footnotes (2)
- [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.
- [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.