2017 Equity Incentive Plan - Evergreen Provision
Company: CleanSpark
The claim, verbatim
Added evergreen provision to automatically increase shares by 15% of outstanding shares on April 1 and October 1 each year under the Plan
Source (primary)
CleanSpark 8-K filed 2023-03-09 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “add an evergreen provision to, on April 1st and October 1st of each year, automatically increase the maximum number of shares of Common Stock available under the Plan to fifteen percent (15%) of the Company's outstanding shares of Common Stock”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The document describes the evergreen provision exactly as claimed.
Confirmed in the source:
- An evergreen provision was added to automatically increase Plan shares to 15% of outstanding Common Stock on April 1 and October 1 each year
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000095017023007067/clsk-20230308.htm) in full (8,813 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark 8-K filed 2023-03-09
Quote: “add an evergreen provision to, on April 1st and October 1st of each year, automatically increase the maximum number of shares of Common Stock available under the Plan to fifteen percent (15%) of the Company's outstanding shares of Common Stock”