Sec Form 4/A Filing - Vecchiarelli Gary Anthony @ CLEANSPARK, INC. - 2021-12-15

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FORM 4/A
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Vecchiarelli Gary Anthony
2. Issuer Name and Ticker or Trading Symbol
CLEANSPARK, INC. [ CLSK]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Financial Officer
(Last) (First) (Middle)
2370 CORPORATE CIRCLE, SUITE 160
3. Date of Earliest Transaction (MM/DD/YY)
12/15/2021
(Street)
HENDERSON, NV89074
4. If Amendment, Date Original Filed (MM/DD/YY)
12/17/2021
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/15/2021 A 60,000( 1 )( 2 ) A $ 0 70,000 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Vecchiarelli Gary Anthony
2370 CORPORATE CIRCLE
SUITE 160
HENDERSON, NV89074
Chief Financial Officer
Signatures
/s/ Gary Anthony Vecchiarelli 12/20/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On December 17, 2021, the Reporting Person filed a Form 4 (the "Original Form 4") reporting the issuance of two separate restricted stock unit grants to the Reporting Person. The Original Form 4 is being amended by this Form 4 Amendment (the "Amendment") solely to correct an administrative error in the disclosures included in footnote (2) of the Original Form 4 with respect to the vesting terms of the 60,000 restricted stock units issued to the Reporting Person on December 15, 2021. This Amendment does not alter any other portions of the Original Form 4.
( 2 )Represents 60,000 restricted stock units awarded to the Reporting Person under the Plan, which shall vest pursuant to market conditions as follows: (i) 20,000 shall vest upon the Issuer maintaining a market capitalization of $1.5 billion or greater for 15 days within any given fiscal year after the grant date, which 15 days need not be consecutive, and (ii) 40,000 shall vest upon the Issuer maintaining a market capitalization of $2.0 billion or greater for 15 days within any given fiscal year after the grant date, which 15 days need not be consecutive.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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