Umesh Jani serves as Chief Technology Officer and Senior Vice President of Licensing at Marathon Digital Holdings, a position he assumed effective October 31, 2014.
Under his two-year employment agreement, Mr. Jani receives a base salary of $225,000 annually plus annual incentive compensation of up to 100% of base salary, as determined by the Compensation Committee. As additional consideration, he was granted ten-year stock options to purchase 100,000 shares of common stock with an exercise price of $6.40 per share, vesting in 36 equal monthly installments. As of July 1, 2015, Mr. Jani beneficially owned options to purchase 79,695 shares of Marathon Digital common stock.
Biography extracted from Marathon Digital DEF 14A filed 2015-07-02 View cached copy (2026-09-27)Live source ↗
Roles
Contiguous filings for the same role are collapsed into a single tenure span. Click a row to see the underlying filings.
| Company | Role | Tenure | Filings |
|---|---|---|---|
| Marathon Digital | CTO and SVP Licensing | 2014-10 → present (12y 1mo) | 1 |
Compensation
| Year | Role as filed | Salary | Bonus | Option awards | Total | Source |
|---|---|---|---|---|---|---|
| 2016 | CTO, SVP of Licensing | $225.0K | — | — | $225.0K | View cached copy (2026-09-13)Live source ↗ |
| 2015 | CTO, SVP of Licensing | $225.0K | $43.5K | $45.7K | $314.2K | View cached copy (2026-09-13)Live source ↗ |
| 2014 | — | $37.5K | — | $453.4K | $490.9K | View cached copy (2026-09-27)Live source ↗ |
As reported in the company's DEF 14A Summary Compensation Table (SEC Reg S-K Item 402(c)). Stock and option awards are grant-date fair values — what the award was worth on the day it was granted, not cash received and not what it is worth now. Every row here reconciles: its columns add up to the total the filing printed.