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2017 Equity Incentive Plan - Evergreen Provision

Company: CleanSpark

Subject kind
financing
Statement date
2023-03-08
Promised amount
15.0 percent
Current status
stated

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)
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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

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 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”

View cached copy (2026-09-13)Live source ↗