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MARA Marathon Digital Holdings Inc

18.37
1.30 (7.62%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Marathon Digital Holdings Inc NASDAQ:MARA NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.30 7.62% 18.37 18.02 18.41 18.21 17.13 17.915 38,631,197 05:00:01

Statement of Changes in Beneficial Ownership (4)

19/10/2020 10:53pm

Edgar (US Regulatory)


FORM 4 [ ] 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 OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Crawford James
2. Issuer Name and Ticker or Trading Symbol

Marathon Patent Group, Inc. [ MARA ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chief Operating Officer
(Last)          (First)          (Middle)

C/O MARATHON PATENT GROUP, INC., 1180 N. TOWNE CENTER DRIVE, SUITE 100
3. Date of Earliest Transaction (MM/DD/YYYY)

5/4/2020
(Street)

LAS VEGAS,, NV 89144
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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 6/30/2020  C  42163 (3)A$0.91 42163 D  
Common Stock 9/30/2020  C  42512 (4)A$1.96 84675 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (right to buy) $2.04 5/4/2020  D     25000   (1)8/12/2024 Common 25000 $0 25000 D  
RSUs $0 5/4/2020  A   245349     (2)5/4/2021 Common 245349 $0 245349 D  
RSUs $0 6/30/2020  D     61337   (2)5/4/2021 Common 61337 $0.91 184011 D  
RSUs $0 9/30/2020  D     61337   (2)5/4/2021 Common 61337 $1.96 122674 D  

Explanation of Responses:
(1) Vesting fifty (50%) percent on the date of grant and twenty-five (25%) percent following on each six (6) months anniversary of the date of grant provided awardee is still eligible under the Company's 2018 Equity Incentive Plan subject to acceleration following a change of control.
(2) Vesting quarterly in equal amounts of 98,256 per quarter starting June 30, 2020.
(3) 61,337 shares which vested net of 19,174 shares forfeited for tax purposes.
(4) 61,337 shares which vested net of 18,825 shares forfeited for tax purposes.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Crawford James
C/O MARATHON PATENT GROUP, INC.
1180 N. TOWNE CENTER DRIVE, SUITE 100
LAS VEGAS,, NV 89144


Chief Operating Officer

Signatures
/s/ James Crawford10/19/2020
**Signature of Reporting PersonDate

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