0000950172-24-000252.txt : 20240507 0000950172-24-000252.hdr.sgml : 20240507 20240507192121 ACCESSION NUMBER: 0000950172-24-000252 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240503 FILED AS OF DATE: 20240507 DATE AS OF CHANGE: 20240507 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Semah Victor CENTRAL INDEX KEY: 0001875667 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-41864 FILM NUMBER: 24923773 MAIL ADDRESS: STREET 1: C/O CYXTERA TECHNOLOGIES, INC. STREET 2: 2333 PONCE DE LEON, SUITE 900 CITY: CORAL CABLES STATE: FL ZIP: 33134 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Hut 8 Corp. CENTRAL INDEX KEY: 0001964789 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] ORGANIZATION NAME: 09 Crypto Assets IRS NUMBER: 922056803 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1101 BRICKELL AVENUE, SUITE 1500 CITY: MIAMI STATE: FL ZIP: 33131 BUSINESS PHONE: 305-224-6427 MAIL ADDRESS: STREET 1: 1101 BRICKELL AVENUE, SUITE 1500 CITY: MIAMI STATE: FL ZIP: 33131 4 1 form4.xml X0508 4 2024-05-03 0001964789 Hut 8 Corp. HUT 0001875667 Semah Victor 1101 BRICKELL AVENUE, SUITE 1500 MIAMI FL 33131 true Chief Legal Officer false Restricted Stock Units 2024-05-03 4 A 0 81301 0 A Common Stock 81301 81301 D Performance Stock Units 2024-05-03 4 A 0 81301 0 A Common Stock 81301 81301 D Each restricted stock unit ("RSU") represents a contingent right to receive one share of Issuer common stock. The RSUs will be settled in either common stock or cash (or a combination thereof) at the discretion of the Issuer. These RSUs shall vest in three equal annual installments beginning on May 1, 2025. Each performance stock unit ("PSU") represents a contingent right to receive one share of Issuer common stock. The PSUs will be settled in either common stock or cash (or a combination thereof) at the discretion of the Issuer. The number of PSUs reported represents the target number awarded on the grant date. The number of PSUs that vest will range from 0% to 200% of the target amount shown based upon the achievement of certain stock price criteria set forth in the PSU agreement during the period commencing on March 26, 2025 and ending on March 26, 2027. Any PSUs that become eligible to vest based on the performance of the Issuer's common stock will vest as of March 26, 2027. /s/ Victor Semah 2024-05-07