Company: CLSKW
Filing Date: 2025-01-22
Form Type: DEF 14A
Source: 0000950170-25-007763
Chunk: 47

Company: CLEANSPARK, INC.
Filing Date: 2025-01-22
Form: DEF 14A
Chunk 47
---
 operational targets), and equity awards (a mix of performance-based and time-based restricted stock units or options). In some cases, NEOs also receive monthly bitcoin payments, which terminate automatically if the Company ceases mining bitcoin. Performance-based equity awards typically vest upon meeting certain milestones, while time-based awards vest in installments over defined periods. In addition, certain NEOs have signing or retention bonuses (repayable if the executive resigns within a specified timeframe), and their salary and bonus levels may be increased by amendment to reflect Company objectives or performance achievements. For the year ended September 30, 2024, pursuant to their employment agreements, Mr. Bradford earned 14.2 bitcoin, Mr. Vecchiarelli earned 2.0 bitcoin, and Mr. Schultz earned 12.96 bitcoin, with the fair value of the awards included in “All Other Compensation” of the Summary Compensation Table. Further details on the amounts paid, the fair value of equity awards, and vesting schedules are set forth in the Grants of Plan-Based Awards table.

#### CleanSpark342025 Proxy Statement
OUTSTANDING EQUITY AWARDS AT FISCAL YEAR-END

On June 19, 2017, our Board of Directors adopted the 2017 Incentive Plan. The purpose of the 2017 Incentive Plan is to attract and retain the best available personnel for positions of substantial responsibility with us, to provide additional incentive to employees, directors, and consultants, and to promote our success.

The table below summarizes all unexercised options, stock that has not vested, and equity incentive plan awards for each named executive officer as of September 30, 2024.

<div align='center'>OUTSTANDING EQUITY AWARDS AT FISCAL YEAR-END*</div>

|                      | OPTION AWARDS                                                       |         |     |                                                                        |        |     |                           |       |     |                        |   |     | STOCK AWARDS                                                |         |     |    |                                                                |           |
| NAME                 | NUMBER OF SECURITIES UNDERLYING UNEXERCISED OPTIONS (#) EXERCISABLE |         |     | NUMBER OF SECURITIES UNDERLYING UNEXERCISED OPTIONS (#) UNEXCERCISABLE |        |     | OPTION EXERCISE PRICE ($) |       |     | OPTION EXPIRATION DATE |   |     | NUMBER OF SHARES OR UNITS OF STOCK THAT HAVE NOT VESTED (#) |         |     |    | MARKET VALUE SHARES OR