CLEANSPARK, INC. — Director's Dealing 2021

Nov 10, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CLEANSPARK, INC. (CLSK)
CIK: 0000827876
Period of Report: 2021-11-08

Reporting Person: Schultz S. Matthew (Director, Executive Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-08	Common Stock	A	24000	—	Acquired	243000	Direct
2021-11-08	Common Stock	A	55000	—	Acquired	298000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-08	Employee Stock Options (Right to Buy)	$20.48	A	24000	Acquired	2024-11-07	Common Stock (24000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	480000	Indirect
Common Stock	40996	Indirect

Footnotes

F1: Represents 24,000 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) 2,000 are vested upon issuance, and (ii) the remaining 22,000 shall vest in equal monthly installments over the next 11 months.

F2: Represents 55,000 shares of restricted common stock, the vesting of which shares is subject to the achievement of certain corporate milestones of the Issuer.

F3: Vesting of the options is subject to the achievement of certain corporate milestones of the Issuer.