Schultz FY2021 market cap RSU grant (lower threshold)
Company: CleanSpark
What the later record shows
Dropped
The proxies state the 100,000-RSU market-cap grant for fiscal 2021 was not earned. Because the grant applied only to fiscal 2021, it will not be made.
“an additional cash bonus of $200,000 and the grant an aggregate of 100,000 restricted stock units based on certain Company market capitalization targets which was not earned in fiscal 2021”
2022-01-26 · CleanSpark DEF 14A filed 2022-01-27 View cached copy (2026-09-13)Live source ↗
“an additional cash bonus of $200,000 and the grant of an aggregate of 100,000 restricted stock units based on certain Company market capitalization targets, which was not earned in fiscal 2021”
2023-01-22 · CleanSpark DEF 14A filed 2023-01-23 View cached copy (2026-09-13)Live source ↗
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Schultz is entitled to a grant of 100,000 restricted stock units if the Company achieves certain market capitalization targets for fiscal year 2021.
Source (primary)
CleanSpark 8-K filed 2021-04-16 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “the grant an aggregate of 100,000 restricted stock units based on certain Company market capitalization targets”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The filing lists a 100,000-RSU grant to Schultz tied to market capitalization targets for fiscal 2021.
Confirmed in the source:
- Schultz is entitled to a grant of 100,000 restricted stock units
- The grant is based on certain Company market capitalization targets
- The grant applies to fiscal year 2021
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000166357721000188/clsk8k.htm) in full (8,854 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark 8-K filed 2021-04-16
Quote: “the grant an aggregate of 100,000 restricted stock units based on certain Company market capitalization targets”
abandons CleanSpark DEF 14A filed 2023-01-23
Quote: “an additional cash bonus of $200,000 and the grant of an aggregate of 100,000 restricted stock units based on certain Company market capitalization targets, which was not earned in fiscal 2021”
abandons CleanSpark DEF 14A filed 2022-01-27
Quote: “an additional cash bonus of $200,000 and the grant an aggregate of 100,000 restricted stock units based on certain Company market capitalization targets which was not earned in fiscal 2021”