Visram Shenif 4
4 · Hut 8 Corp. · Filed Aug 2, 2024
Insider Transaction Report
Form 4
Hut 8 Corp.HUT
Visram Shenif
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2024-07-31+33,333→ 64,198 total - Exercise/Conversion
Restricted Stock Units
2024-07-31−33,333→ 0 total→ Common Stock (33,333 underlying) - Sale
Common Stock
2024-08-02$13.38/sh−20,239$270,705→ 43,959 total
Footnotes (5)
- [F1]Reflects restricted stock units ("RSUs") that upon vesting converted into shares of Issuer common stock on a one-for-one basis.
- [F2]Reflects shares sold to cover tax withholding obligations in connection with the vesting and settlement of RSUs. This sale is automatic as mandated under the Issuer's equity incentive plan and does not reflect a discretionary trade by the Reporting Person.
- [F3]The price reported in Column 4 is a weighted average price. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- [F4]Each RSU represents a contingent right to receive one share of Issuer common stock. The RSUs will be settled in either common stock or cash (or a combination thereof) at the discretion of the Issuer.
- [F5]The vesting of these RSUs was accelerated from December 31, 2025 to July 31, 2024.