Gregory John Walton Martin - 01 Nov 2021 Form 4/A - Amendment Insider Report for Mawson Infrastructure Group Inc. (MIGI)

Role
Director
Signature
/s/ Gregory John Walton Martin
Issuer symbol
MIGI
Transactions as of
01 Nov 2021
Net transactions value
$0
Form type
4/A - Amendment
Filing time
22 Jun 2022, 06:13:52 UTC
Date Of Original Report
03 Nov 2021
Next filing
22 Jun 2022
SEC
View on sec.gov

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 MIGI Restricted Stock Units (RSUs) Award $0 +120,000 $0.000000 120,000 01 Nov 2021 Common Stock 120,000 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 3, 2021 the reporting person filed a Form 4 (the "November 2021 Form 4") which reported 120,000 RSUs as Common Stock in Table I. Because the RSUs represent the right to receive one share of common stock, an equivalent cash amount or a combination thereof at the discretion of the Administrator of the Plan (as defined below) the November 2021 Form 4 is being amended hereby to report the RSUs reported in Table I of the November 2021 Form 4 in Table II as Derivative Securities and to correct the reporting person's beneficial ownership of Common Stock by excluding those RSUs.
F2 Each RSU is issued under and subject to the terms of the Mawson Infrastructure Group Inc 2021 Equity Incentive Plan ("Plan"), and represents the right to receive, at settlement, one share of common stock, an equivalent cash amount at fair market value, or a combination, at the discretion of the Administrator of the Plan.
F3 All RSUs granted under this award vested at the latest on December 31, 2021.