Neville Brian 4
4 · Core Scientific, Inc./tx · Filed Jun 16, 2022
Insider Transaction Report
Form 4
Neville Brian
Chief Accounting Officer
Transactions
- Award
Common Stock
2022-06-13+480,044→ 480,044 total - Tax Payment
Common Stock
2022-06-13$2.02/sh−25,018$50,536→ 455,026 total
Footnotes (2)
- [F1]Represents restricted stock unit ("RSU") grants. These RSU grants previously were subject to milestone and time vesting. On June 13, 2022, the board of directors of the Issuer removed the milestone requirement. 100,010 of the RSUs vested immediately upon the removal of the milestone requirement; 40,003 will vest in 4 equal annual installments commencing on July 9, 2022; and 40,003 will vest in 4 equal annual installments commencing on October 4, 2022, provided that the Reporting Person continues to provide service to the Issuer on each vesting date.
- [F2]Represents shares withheld to satisfy withholding tax obligations upon the vesting of RSUs.