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Cipher Mining Inc. — Director's Dealing 2021
Nov 19, 2021
31022_dirs_2021-11-19_2282c002-5f6d-4002-9bc5-36458209ed0e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Cipher Mining Inc. (CIFR)
CIK: 0001819989
Period of Report: 2021-11-17
Reporting Person: Page Tyler (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-11-17 | Common Stock | A | 5676946 | $0.00 | Acquired | 5676946 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-11-17 | Restricted Stock Units | $ | A | 2838473 | Acquired | Common Stock (2838473) | Direct | |
| 2021-11-17 | Performance Stock Unit | $ | A | 4257710 | Acquired | Common Stock (4257710) | Direct |
Footnotes
F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs have no expiration date.
F2: The RSUs will vest in equal installments on each of January 1, 2022, January 1, 2023, January 1, 2024 and January 1, 2025, subject to the Reporting Person's continuous service on the applicable vesting date.
F3: Each performance stock unit ("PSU") represents a contingent right to receive one share of Issuer's Common Stock.
F4: The PSUs will vest, if at all, in three tranches based on the Issuer's achievement of certain market capitalization thresholds. The PSUs have no expiration date.