SWAMI ASHU 4

4 · MARATHON DIGITAL HOLDINGS, INC. · Filed May 17, 2023

Form 4

Period: 2021-12-27

CTO

Transactions

Conversion
Common Stock
2022-12-28$3.20/sh+14,601$46,723→ 14,601 total
Award
RSUs
2022-12-28$3.20/sh+20,000$64,000→ 80,000 total
Exercise: $0.00→ Common (80,000 underlying)
Disposition to Issuer
RSUs
2023-03-30$8.51/sh−5,000$42,550→ 55,000 total
Exercise: $0.00→ Common (5,000 underlying)
Award
RSUs
2021-12-27$39.40/sh+80,000$3,152,000→ 80,000 total
Exercise: $0.00→ Common (80,000 underlying)
Disposition to Issuer
RSUs
2022-12-28$3.20/sh−20,000$64,000→ 60,000 total
Exercise: $0.00→ Common (20,000 underlying)
Award
RSUs
2023-03-30$8.51/sh+5,000$42,550→ 60,000 total
Exercise: $0.00→ Common (80,000 underlying)
Conversion
Common Stock
2023-03-30$8.51/sh+3,890$33,104→ 18,491 total

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 an officer 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. 150,000 RSUs were issued and 37,500 automatically vested on 2/27/23 bringing total RSUs acquired from 150,000 to 112,500.
[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

1 file