Home/Filings/4/0001127602-24-022866
4//SEC Filing

Glennan Sean Joseph 4

Accession 0001127602-24-022866

CIK 0001964789other

Filed

Aug 22, 8:00 PM ET

Accepted

Aug 23, 5:50 PM ET

Size

8.1 KB

Accession

0001127602-24-022866

Insider Transaction Report

Form 4
Period: 2024-08-21
Glennan Sean Joseph
Chief Financial Officer
Transactions
  • Award

    Restricted Stock Units

    2024-08-21+37,06537,065 total
    Common Stock (37,065 underlying)
  • Award

    Performance Stock Units

    2024-08-21+37,06537,065 total
    Common Stock (37,065 underlying)
Footnotes (4)
  • [F1]Each restricted stock unit ("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.
  • [F2]These RSUs shall vest in three equal annual installments beginning on August 21, 2025.
  • [F3]Each performance stock unit ("PSU") represents a contingent right to receive one share of Issuer common stock. The PSUs will be settled in either common stock or cash (or a combination thereof) at the discretion of the Issuer.
  • [F4]The number of PSUs reported represents the target number awarded on the grant date. The number of PSUs that vest will range from 0% to 200% of the target amount shown based upon the achievement of certain stock price criteria set forth in the PSU agreement during the period commencing on August 21, 2025 and ending on August 21, 2027. Any PSUs that become eligible to vest based on the performance of the Issuer's common stock will vest as of August 21, 2027.

Issuer

Hut 8 Corp.

CIK 0001964789

Entity typeother

Related Parties

1
  • filerCIK 0002033280

Filing Metadata

Form type
4
Filed
Aug 22, 8:00 PM ET
Accepted
Aug 23, 5:50 PM ET
Size
8.1 KB