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CFO restricted stock unit grant

Company: Marathon Digital

Subject kind
personnel
Statement date
2023-06-13
Promised by
2027-07-01
Promised amount
297247.0 units
Current status
stated

The claim, verbatim

Chief Financial Officer granted 297,247 RSUs with vesting: 74,312 RSUs on July 1, 2024, then 18,578 RSUs on last day of each of eleven calendar quarters, and 18,577 RSUs in final quarter (July 1, 2027)

Source (primary)

Marathon Digital 8-K filed 2023-06-14 (SEC EDGAR, sec_filing)
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Quote: “Mr. Khan will be provided with a grant of 297,247 restricted stock units, subject to the vesting schedule displayed below. Vesting of the Compensation Shares shall occur as follows 74,312 RSUs on July 1, 2024, and then 18,578 RSUs on the last day of each of the eleven calendar quarters thereafter and 18,577 RSUs vesting on the twelfth calendar quarter, which is July 1, 2027”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Marathon Digital 8-K filed 2023-06-14

Quote: “Mr. Khan will be provided with a grant of 297,247 restricted stock units, subject to the vesting schedule displayed below. Vesting of the Compensation Shares shall occur as follows 74,312 RSUs on July 1, 2024, and then 18,578 RSUs on the last day of each of the eleven calendar quarters thereafter and 18,577 RSUs vesting on the twelfth calendar quarter, which is July 1, 2027”

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