Home > Insider Trading > Filing (0000950170-23-048871)

Filing Details

Accession Number:: 0000950170-23-048871
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-09-19 19:22:59
Reporting Period:: 2022-11-20

Accepted Time:: 2023-09-19 19:22:59
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1856028	Stronghold Digital Mining Inc.	SDIG	Services-Computer Processing & Data Preparation (7374)	862759890

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1886681	B. William Spence	C/O Cozen O'Connor One Oxford Centre 41St Floor 301 Grant Street Pittsburgh PA 15219		No	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2022-11-20	100,000	$0.00	100,000	No	4	C	Direct
Class V Common Stock	Disposition	2022-11-20	100,000	$0.00	839,500	No	4	J	Indirect	By Q Power LLC
Class A Common Stock	Acquisiton	2023-04-19	250,000	$10.80	350,000	No	4	J	Direct
Class A Common Stock	Disposition	2023-04-26	2,602	$10.23	347,398	No	4	S	Direct
Class A Common Stock	Disposition	2023-04-27	17,053	$10.05	330,345	No	4	S	Direct
Class A Common Stock	Disposition	2023-04-28	3,302	$9.75	327,043	No	4	S	Direct
Class A Common Stock	Disposition	2023-05-01	2,870	$9.49	324,174	No	4	S	Direct
Class A Common Stock	Disposition	2023-05-02	11,379	$9.03	312,794	No	4	S	Direct
Class A Common Stock	Disposition	2023-05-04	4,349	$8.94	308,445	No	4	S	Direct
Class A Common Stock	Disposition	2023-05-05	11,590	$9.16	296,855	No	4	S	Direct
Class A Common Stock	Disposition	2023-05-08	2,500	$9.10	294,355	No	4	S	Direct
Class A Common Stock	Disposition	2023-05-10	9,913	$9.42	284,442	No	4	S	Direct
Class A Common Stock	Disposition	2023-05-16	11,150	$6.30	273,292	No	4	S	Direct
Class A Common Stock	Disposition	2023-05-17	23,292	$5.51	250,000	No	4	S	Direct
Class A Common Stock	Acquisiton	2023-05-18	200,000	$0.00	450,000	No	4	C	Direct
Class V Common Stock	Disposition	2023-05-18	200,000	$0.00	639,500	No	4	J	Indirect	By Q Power LLC
Class A Common Stock	Disposition	2023-05-22	16,149	$6.28	433,851	No	4	S	Direct
Class A Common Stock	Disposition	2023-05-23	1,500	$6.34	432,351	No	4	S	Direct
Class A Common Stock	Disposition	2023-05-30	20,000	$6.13	412,351	No	4	S	Direct
Class A Common Stock	Disposition	2023-05-31	2,341	$5.99	412,351	No	4	S	Direct
Class A Common Stock	Disposition	2023-06-01	11,200	$6.13	398,810	No	4	S	Direct
Class A Common Stock	Disposition	2023-06-02	4,000	$5.85	394,810	No	4	S	Direct
Class A Common Stock	Disposition	2023-06-05	3,835	$5.51	390,975	No	4	S	Direct
Class A Common Stock	Disposition	2023-06-06	7,791	$5.29	383,184	No	4	S	Direct
Class A Common Stock	Disposition	2023-06-07	8,135	$5.13	375,049	No	4	S	Direct
Class A Common Stock	Disposition	2023-06-08	4,413	$4.88	370,636	No	4	S	Direct
Class A Common Stock	Disposition	2023-06-09	7,676	$4.47	362,960	No	4	S	Direct
Class A Common Stock	Disposition	2023-06-12	4,073	$4.31	358,887	No	4	S	Direct
Class A Common Stock	Disposition	2023-06-13	7,901	$4.23	350,986	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Direct
No	4	J	Indirect	By Q Power LLC
No	4	J	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	C	Direct
No	4	J	Indirect	By Q Power LLC
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock, Par Value $0.0001	Stronghold Digital Mining Holdings LLC Units	Disposition	2022-11-20	100,000	$0.00	100,000	$0.00
Class A Common Stock, Par Value $0.0001	Stronghold Digital Mining Holdings LLC Units	Disposition	2023-05-18	200,000	$0.00	200,000	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
839,500			No	4	C	Indirect
639,500			No	4	C	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	500	Indirect	By Q Power LLC

Footnotes

Reflects an exchange of common units ("Common Units") of Stronghold Digital Mining Holdings, LLC ("Stronghold LLC") together with the surrender and cancellation of the same number of Class V common stock for an equal number of shares of Class A common stock, pursuant to the Limited Liability Company Agreement of Stronghold LLC (as amended and restated, the "Stronghold LLC Agreement"). Transactions are exempt from Section 16(b) in reliance on Rule 16b-6(b).
Amount of securities or price, as applicable, has been adjusted to reflect the 10:1 reverse stock split that occurred on May 16, 2023.
The reporting person is a managing member of Q Power LLC and may be deemed to be the beneficial owner of the securities held directly by Q Power LLC.
The reporting person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of, or has any pecuniary interests in, such securities for purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, or for any other purpose.
Reflects a one-time grant of 250,000 fully vested shares of the Issuer's Class A common stock pursuant to the terms of an independent consulting agreement dated April 19, 2023 (the "Consulting Agreement"), between the Issuer and the reporting person.
Reflects the closing price of a share of the Issuer's Class A common stock on The Nasdaq Global Market on the grant date with respect to the one-time grant of 250,000 fully vested shares of the Issuer's Class A common stock pursuant to the terms of the Consulting Agreement, representing bargained-for consideration. This is a payment of compensation for services under the Consulting Agreement.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.20 to $10.40, inclusive.
The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in Column 4 for such transaction.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.00 to $10.20, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.70 to $9.783, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.30 to $9.70, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.00 to $9.10, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.80 to $9.2010, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.90 to $9.6470, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.20 to $9.715, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.31 to $5.72, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.25 to $6.35, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.33 to $6.34, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.01 to $6.37, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.76 to $6.2697, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.96 to $6.45, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.62 to $6.15, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.30 to $5.72, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.05 to $5.61, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.90 to $5.47, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.75 to $5.07, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.32 to $4.86, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.21 to $4.48, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.12 to $4.46, inclusive.
Each share of Class V common stock has no economic right but entitles its holder to one vote on all matters to be voted on by shareholders generally. At the request of the holder, each Common Unit of Stronghold LLC may be coupled with a share of Class V common stock and redeemed for, at the Issuer's election and subject to certain restrictions in the Stronghold LLC Agreement, newly issued shares of Class A common stock of the Issuer on a one-for-one basis or for a cash payment to be determined pursuant to the Stronghold LLC Agreement for each Common Unit redeemed. The Common Units do not expire.