MARA Holdings, Inc. — Director's Dealing 2023

May 17, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MARATHON DIGITAL HOLDINGS, INC. (MARA)
CIK: 0001507605
Period of Report: 2021-12-27

Reporting Person: SWAMI ASHU (Chief Technical Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-12-28	Common Stock	C	14601	$3.20	Acquired	14601	Direct
2023-03-30	Common Stock	C	3890	$8.51	Acquired	18491	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-12-27	RSUs	$0	A	80000	Acquired		Common (80000)	Direct
2022-12-28	RSUs	$0	A	20000	Acquired		Common (80000)	Direct
2022-12-28	RSUs	$0	D	20000	Disposed		Common (20000)	Direct
2023-03-30	RSUs	$0	A	5000	Acquired		Common (80000)	Direct
2023-03-30	RSUs	$0	D	5000	Disposed		Common (5000)	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 an officer 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. 150,000 RSUs were issued and 37,500 automatically vested on 2/27/23 bringing total RSUs acquired from 150,000 to 112,500.

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.

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