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

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	+15,725		$0	15,725	21 Jun 2022	Common stock	15,725		Direct	F1, F2
transaction	MIGI	Restricted Stock Units	Award	$0	+26,209		$0	26,209	21 Jun 2022	Common stock	26,209		Direct	F1, F3

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

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 in 25% instalments at the end of each quarter of 2022, subject only to continued employment up to and including each vesting date. Once vested, the RSUs are exercisable until expiration.
F3	The RSUs granted under this award vest on December 31, 2024, subject to the reporting person achieving specific individual performance hurdles, the Issuer achieving certain performance goals, and continued employment up to and including the vesting date. Once vested, these RSUs are exercisable until expiration.