OKAMOTO MERRICK D 4

4 · Marathon Patent Group, Inc. · Filed Feb 19, 2021

Form 4

Period: 2021-02-06

DirectorChief Executive Officer

Transactions

Conversion
Common Stock
2020-12-31$2.19/sh+978,570$2,143,068→ 1,458,458 total
Disposition to Issuer
RSUs
2021-01-19$9.31/sh−1,000,000$9,310,000→ 454,941 total
Exercise: $0.00→ Common (1,000,000 underlying)
Conversion
Common Stock
2021-01-19$9.31/sh+908,904$8,461,896→ 2,367,362 total
Conversion
Common Stock
2021-01-28$10.44/sh+897,848$9,373,533→ 3,265,210 total
Conversion
Common Stock
2021-02-05$13.59/sh+1,259,449$17,115,912→ 4,524,659 total
Sale
Common Stock
2021-02-18$48.65/sh−700,000$34,055,000→ 3,824,659 total
Award
RSUs
2020-12-31$2.19/sh−1,000,000$2,190,000→ 1,454,941 total
Exercise: $0.00→ Common (1,000,000 underlying)
Disposition to Issuer
RSUs
2020-12-31$2.19/sh−1,000,000$2,190,000→ 454,941 total
Exercise: $0.00→ Common (1,000,000 underlying)
Award
RSUs
2021-01-19$9.31/sh−1,000,000$9,310,000→ 1,454,941 total
Exercise: $0.00→ Common (1,000,000 underlying)
Award
RSUs
2021-01-28$10.44/sh−1,000,000$10,440,000→ 1,454,941 total
Exercise: $0.00→ Common (1,000,000 underlying)
Disposition to Issuer
RSUs
2021-01-28$10.44/sh−1,000,000$10,440,000→ 454,941 total
Exercise: $0.00→ Common (1,000,000 underlying)
Award
RSUs
2021-02-05$13.55/sh−1,452,608$19,682,838→ 1,907,549 total
Exercise: $0.00→ Common (1,452,608 underlying)
Disposition to Issuer
RSUs
2021-02-05$13.55/sh−1,452,608$19,682,838→ 454,941 total
Exercise: $0.00→ Common (1,452,608 underlying)

Footnotes (5)

[F1]Vested restricted stock units ("RSUs") granted under the Marathon Patent Group, Inc. 2018 Equity Incentive Plan (the "Plan") convert into shares of the Issuer's Common Stock on a one-for-one basis upon settlement by the Issuer in accordance with the procedures of the Plan.
[F2]On the date in column 3, in connection with the Reporting Person's service as a director of the Corporation, the Reporting Person was granted an award as stated in those rows denoted as "A" in column 4, which immediately vested in those rows denoted as "D" in column 4.
[F3]Represents the total direct and indirect beneficial ownership of the security held by the Reporting Person immediately following the issuance reported by this Form 4.
[F4]Immediate vesting.
[F5]Amount in column (4) is net of shares sold for tax purposes.

Documents

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