MARA Holdings, Inc. — Director's Dealing 2021

Dec 31, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MARATHON DIGITAL HOLDINGS, INC. (MARA)
CIK: 0001507605
Period of Report: 2021-08-23

Reporting Person: OKAMOTO MERRICK D (Director, Executive Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-28	Common Stock	C	83333	$37.02	Acquired	5569813	Direct
2021-12-28	Common Stock	S	83333	$37.02	Disposed	5486480	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-12-28	RSUs	$0	D	83333	Disposed		Common (83333)	Direct

Footnotes

F1: Vested restricted stock units ("RSUs") granted under the Marathon Patent Group, Inc. 2018 Equity Incentive Plan (the "Plan") convert into shares of the Issuer's Common Stock on a one-for-one basis upon settlement by the Issuer in accordance with the procedures of the Plan.

F2: On the date in column 3, in connection with the Reporting Person's service as a director of the Corporation, the Reporting Person was granted an award as stated in those rows denoted as "A" in column 4, which immediately vested in those rows denoted as "D" in column 4.

F3: Represents the total direct and indirect beneficial ownership of the security held by the Reporting Person immediately following the issuance reported by this Form 4.

F4: Immediate vesting for all 83,333 granted RSUs.

F5: Amount in column (4) is net of shares sold for tax purposes.