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Core Scientific, Inc./tx — Director's Dealing 2022
Jun 17, 2022
30992_dirs_2022-06-16_bdbaa2cf-0d4b-42a2-b807-acec3cf54667.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Core Scientific, Inc./tx (CORZ)
CIK: 0001839341
Period of Report: 2022-06-13
Reporting Person: Neville Brian (Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-06-13 | Common Stock | A | 480044 | $0.00 | Acquired | 480044 | Direct |
| 2022-06-13 | Common Stock | F | 25018 | $2.02 | Disposed | 455026 | Direct |
Footnotes
F1: Represents restricted stock unit ("RSU") grants. These RSU grants previously were subject to milestone and time vesting. On June 13, 2022, the board of directors of the Issuer removed the milestone requirement. 100,010 of the RSUs vested immediately upon the removal of the milestone requirement; 40,003 will vest in 4 equal annual installments commencing on July 9, 2022; and 40,003 will vest in 4 equal annual installments commencing on October 4, 2022, provided that the Reporting Person continues to provide service to the Issuer on each vesting date.
F2: Represents shares withheld to satisfy withholding tax obligations upon the vesting of RSUs.