AI assistant
Hut 8 Corp. — Director's Dealing 2024
Aug 23, 2024
31225_dirs_2024-08-23_40e9d6da-f257-4ed7-9e8d-792ef3c80315.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Hut 8 Corp. (HUT)
CIK: 0001964789
Period of Report: 2024-08-21
Reporting Person: Glennan Sean Joseph (Chief Financial Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-08-21 | Restricted Stock Units | $ | A | 37065 | Acquired | Common Stock (37065) | Direct | |
| 2024-08-21 | Performance Stock Units | $ | A | 37065 | Acquired | Common Stock (37065) | Direct |
Footnotes
F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of Issuer common stock. The RSUs will be settled in either common stock or cash (or a combination thereof) at the discretion of the Issuer.
F2: These RSUs shall vest in three equal annual installments beginning on August 21, 2025.
F3: Each performance stock unit ("PSU") represents a contingent right to receive one share of Issuer common stock. The PSUs will be settled in either common stock or cash (or a combination thereof) at the discretion of the Issuer.
F4: The number of PSUs reported represents the target number awarded on the grant date. The number of PSUs that vest will range from 0% to 200% of the target amount shown based upon the achievement of certain stock price criteria set forth in the PSU agreement during the period commencing on August 21, 2025 and ending on August 21, 2027. Any PSUs that become eligible to vest based on the performance of the Issuer's common stock will vest as of August 21, 2027.