CLSK Legends. Bonuses for Bonuses Oi Oi8 Apr 2023 12:22
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On March 8, 2023, the Registrant’s stockholders approved an amendment to the Plan to (i) increase the number of shares of Common Stock authorized for issuance thereunder by 8,012,000 and (ii) add an evergreen provision to, on April 1st and October 1st of each year, automatically increase the maximum number of shares of Common Stock available under the Plan to fifteen percent (15%) of the Registrant’s outstanding shares of Common Stock, in each case as of the last day of the immediately preceding month (the “Evergreen Provision”). The number of shares of Common Stock available for grant and issuance under the Plan was therefore increased by 8,012,000 effective as of March 8, 2023, and effective April 1, 2023, such number was further increased by 3,030,569 as a result of the Evergreen Provision. This Registration Statement registers an aggregate of 11,042,569 such additional shares of Common Stock, which were available for grant and issuance under the Plan pursuant to the aforementioned increases.
https://capedge.com/filing/827876/0000950170-23-012089/CLSK-S8