MARATHON DIGITAL HOLDINGS INC
For the period ended Jun 30, 2024. Filed Aug 1, 2024.
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Jun 30, 2024 · Filed Aug 1, 2024
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Item 5. Other Information
Director and Officer Trading Plans and Arrangements
On May 13, 2024, Doug Mellinger, a member of the Company’sboard of directors, entered into a trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act (a “10b5-1 Plan”). Mr. Mellinger’s 10b5-1 Plan provides for the potential sale of up to 10,000 shares of the Company’s common stock between the first potential sale date on August 12, 2024 and the expiration of the 10b5-1 Plan on May 13, 2025.
On June 5, 2024, Jay Leupp, a member of the Company’sboard of directors, entered into a 10b5-1 Plan. Mr. Leupp’s 10b5-1 Plan provides for the potential sale of up to 31,200 shares of the Company’s common stock between the first potential sale date on September 4, 2024 and the expiration of the 10b5-1 Plan on June 5, 2025.
On June 18, 2024, Fred Thiel, Chief Executive Officer and Chairperson of the Board, entered into a 10b5-1 Plan. Mr. Thiel’s 10b5-1 Plan provides for the potential sale of up to 357,572 shares of the Company’s common stock between the first potential sale date on September 16, 2024 and the expiration of the 10b5-1 Plan on September 16, 2025.
On June 18, 2024, Salman Khan, Chief Financial Officer, entered into a 10b5-1 Plan. Mr. Khan’s 10b5-1 Plan provides for the potential sale of up to 66,800 shares of the Company’s common stock between the first potential sale date on September 16, 2024 and the expiration of the 10b5-1 Plan on December 31, 2024.
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