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CLEANSPARK, INC. Director's Dealing 2024

Feb 27, 2024

31147_dirs_2024-02-27_fc5c368b-4181-440b-9ed2-64cc66b57731.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CLEANSPARK, INC. (CLSK)
CIK: 0000827876
Period of Report: 2024-02-23

Reporting Person: Schultz S. Matthew (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-02-23 Common Stock M 270000 Acquired 2988768 Direct
2024-02-26 Common Stock M 270000 Acquired 3258768 Direct
2024-02-23 Common Stock F 118800 $16.43 Disposed 3139968 Direct
2024-02-26 Common Stock F 118800 $20.35 Disposed 3021168 Direct
2024-02-27 Common Stock S 322400 $20.95 Disposed 2698768 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-02-23 Restricted Stock Unit $ M 270000 Disposed 2033-09-29 Common Stock (270000) Direct
2024-02-26 Restricted Stock Unit $ M 270000 Disposed 2033-09-29 Common Stock (270000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 480000 Indirect
Common Stock 40996 Indirect
Series A Preferred 500000 Direct

Footnotes

F1: Shares issued in settlement of restricted stock units granted in 2023 which vested upon the Issuer achieving a specified price per share over a designated period of time representing 300% of the Issuer's stock price on the grant date.

F2: Shares issued in settlement of restricted stock units granted in 2023 which vested upon the Issuer achieving a specified price per share over a designated period of time representing 400% of the Issuer's stock price on the grant date.

F3: Shares were applied to payment of withholding taxes in connection with the vesting and settlement of the above-mentioned restricted stock units.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $20.30 to $21, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.