Shenif Visram - 30 Apr 2024 Form 4 Insider Report for Hut 8 Corp. (HUT)

Role: Chief Financial Officer
Signature: /s/ Asher Genoot, as Attorney-in-Fact
Issuer symbol: HUT
Transactions as of: 30 Apr 2024
Transactions value $: $0
Form type: 4
Filing time: 02 May 2024, 16:31:25 UTC
Previous filing: 27 Dec 2023
Next filing: 10 May 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HUT	Common Stock	Options Exercise		+33.3K	+215.93%		48.8K	30 Apr 2024	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	HUT	Restricted Stock Units	Options Exercise	$0	-33.3K	-50%	$0.00	33.3K	30 Apr 2024	Common Stock	33.3K		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects restricted stock units ("RSUs") that upon vesting converted into shares of Issuer common stock on a one-for-one basis.
F2	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.
F3	The vesting of these RSUs was accelerated from December 31, 2024 to April 30, 2024. The vesting of the remaining RSUs was accelerated from December 31, 2025 to July 31, 2024.