William Iwaschuk - 26 Feb 2025 Form 4 Insider Report for Cipher Mining Inc. (CIFR)

Role
Co-President and CLO
Signature
/s/ William Iwaschuk
Issuer symbol
CIFR
Transactions as of
26 Feb 2025
Net transactions value
$0
Form type
4
Filing time
28 Feb 2025, 17:32:41 UTC
Previous filing
20 Dec 2024
Next filing
02 Apr 2025
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 CIFR Restricted Stock Units Award $0 +407,609 +25% $0.000000 2,048,049 26 Feb 2025 Common Stock 407,609 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
F2 The RSUs vest in equal quarterly installments over a three-year period, on March 31, June 30, September 30 and December 15 of each year, with the first vesting date occurring on March 31, 2025, subject to the Reporting Person's continuous service on the applicable vesting date.