Contingent equity compensation based on performance benchmarks
Company: Marathon Digital - Project: Hardin
The claim, verbatim
Marathon Patent Group may issue up to 500,000 additional shares of Common Stock based on certain performance benchmarks under the Services Agreement
Source (primary)
Marathon Digital SC 13D filed 2020-11-09 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “The Reporting Persons may also receive up to 500,000 additional shares of Common Stock based on certain performance benchmarks under the Services Agreement”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The filing says the Reporting Persons, Lucky Liefern LLC and Paul Prager, may receive up to 500,000 additional shares based on performance benchmarks under the Services Agreement. It describes these shares as equity compensation from the Issuer, Marathon Patent Group.
Confirmed in the source:
- Up to 500,000 additional shares of Marathon Patent Group Common Stock may be issued
- The additional shares depend on certain performance benchmarks
- The benchmarks are set under the Services Agreement, to which Marathon Patent Group is a party
- The shares are equity compensation from Marathon Patent Group
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000095014220002481/eh200111886_13d-mpg.htm) in full (7,671 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital SC 13D filed 2020-11-09
Quote: “The Reporting Persons may also receive up to 500,000 additional shares of Common Stock based on certain performance benchmarks under the Services Agreement”