Zachary Bradford - Nov 8, 2021 Form 4 Insider Report for CLEANSPARK, INC. (CLSK)

Role
CEO and President, Director
Signature
/s/ Zachary Bradford
Stock symbol
CLSK
Transactions as of
Nov 8, 2021
Transactions value $
$0
Form type
4
Date filed
11/10/2021, 04:26 PM
Previous filing
Jul 7, 2021
Next filing
Feb 14, 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLSK Common Stock Award $0 +30K +29.42% $0.00 132K Nov 8, 2021 Direct F1
transaction CLSK Common Stock Award $0 +69K +21.98% $0.00 383K Nov 8, 2021 Direct F2
holding CLSK Common Stock 324K Nov 8, 2021 By ZRB Holdings Inc. F3
holding CLSK Common Stock 12K Nov 8, 2021 By BlueChip Advisors LLC F4

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 CLSK Employee Stock Option (Right to Buy) Award $0 +30K $0.00 30K Nov 8, 2021 Common Stock 30K $20.48 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 30,000 restricted stock units awarded to the Reporting Person under the Issuer's 2017 Equity Incentive Plan, as amended (the "Plan"), in connection with the Reporting Person's service as an executive officer and director of the Issuer, which restricted stock units shall vest as follows: (i) 2,500 are vested upon issuance, and (ii) the remaining 27,500 shall vest in equal monthly installments over the next 11 months.
F2 Represents 69,000 shares of restricted common stock, the vesting of which shares is subject to the achievement of certain corporate milestones of the Issuer.
F3 The reporting person is the sole shareholder of ZRB Holdings Inc.
F4 The reporting person is a member of the limited liability company, BlueChip Advisors LLC, that directly owns the reported securities. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
F5 Vesting of the options is subject to the achievement of certain corporate milestones of the Issuer.