Michael Hughes - 21 Jun 2022 Form 4 Insider Report for Mawson Infrastructure Group Inc. (MIGI)

Role
Director
Signature
/s/ Michael Forrest Hughes
Issuer symbol
MIGI
Transactions as of
21 Jun 2022
Net transactions value
$0
Form type
4
Filing time
22 Jun 2022, 06:21:52 UTC
Previous filing
22 Jun 2022
Next filing
29 Nov 2022

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 Award $0 +34,037 $0.000000 34,037 21 Jun 2022 Common Stock 34,037 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The RSUs granted under this award vest on the day before the 2023 annual meeting of stockholders of the Issuer, subject only to continued employment up to and including that vesting date. Once vested, the RSUs are exercisable until expiration.