Kevin Denuccio - Jan 31, 2024 Form 4 Insider Report for MARATHON DIGITAL HOLDINGS, INC. (MARA)

Role
Director
Signature
/s/ Zabi Nowaid, Attorney-in-Fact for Kevin DeNuccio
Stock symbol
MARA
Transactions as of
Jan 31, 2024
Transactions value $
$0
Form type
4
Date filed
2/2/2024, 09:45 PM
Previous filing
May 11, 2023
Next filing
Feb 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MARA Common Stock Award $0 +62.3K +30.02% $0.00 270K Jan 31, 2024 Direct F1
transaction MARA Common Stock Sale $0 -31.8K -11.78% $0.00 238K Jan 31, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects a grant of restricted stock units ("RSUs") made to the Reporting Person under the Issuer's 2018 Equity Incentive Plan. The RSUs vested in full on January 31, 2024 (the "Grant Date"). Each RSU represents a contingent right to receive one share of the Issuer's common stock, par value $0.0001 per share ("Common Stock"). The number of RSUs is equal to $850,000 divided by the average closing price over the prior 100 consecutive trading days as determined on the Grant Date.
F2 Reflects shares of Common Stock withheld by the Issuer to cover the Reporting Person's tax liability in connection with the vesting of RSUs reported herein.

Remarks:

Exhibit 24 - Power of Attorney