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As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 10/17/22 Marathon Digital Holdings, Inc. 8-K:8 10/12/22 10:195K M2 Compliance LLC/FA |
Document/Exhibit Description Pages Size 1: 8-K Current Report HTML 35K 5: R1 Cover HTML 47K 8: XML IDEA XML File -- Filing Summary XML 11K 6: XML XBRL Instance -- form8-k_htm XML 15K 7: EXCEL IDEA Workbook of Financial Reports XLSX 8K 3: EX-101.LAB XBRL Labels -- mara-20221012_lab XML 96K 4: EX-101.PRE XBRL Presentations -- mara-20221012_pre XML 64K 2: EX-101.SCH XBRL Schema -- mara-20221012 XSD 12K 9: JSON XBRL Instance as JSON Data -- MetaLinks 25± 33K 10: ZIP XBRL Zipped Folder -- 0001493152-22-028520-xbrl Zip 15K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): i October 12, 2022
i MARATHON DIGITAL HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
i Nevada | i 001-36555 | i 01-0949984 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
i 89144 | ||
(Address of principal executive offices) | (Zip Code) |
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities Registered Pursuant to Section 12(b) of the Act:
Title of each Class | Trading Symbol(s) | Name of each exchange on which registered | ||
i Common Stock | i MARA | i NASDAQ Capital Market |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
C:
Item 8.01 Other Events.
In connection with a dispute concerning the settlement of certain restricted stock unit awards previously granted to Merrick D. Okamoto,
former Chief Executive Officer and Chairman of Marathon Digital Holdings, Inc. (the “Company”), on October 12, 2022, the
Company entered into a settlement agreement with Mr. Okamoto, pursuant to which the Company agreed to pay Mr. Okamoto $24 million. Mr.
Okamoto agreed to a settlement and a broad release of known or unknown claims against the Company, which relate to the Company’s
Amended 2018 Equity Incentive Plan or related restricted stock unit award agreements. The Company entered into related settlement agreements
in respect to certain restricted stock unit awards previously granted to five other individuals, including a director and our current
Chief Executive Officer and Chairman, which total approximately $1 million in the aggregate.
C:
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: October 17, 2022
MARATHON DIGITAL HOLDINGS, INC. | ||
By: | /s/ Hugh Gallagher | |
Name: | Hugh Gallagher | |
Title: | CFO |
C:
C:
This ‘8-K’ Filing | Date | Other Filings | ||
---|---|---|---|---|
Filed on: | 10/17/22 | None on these Dates | ||
For Period end: | 10/12/22 | |||
List all Filings |