0000905148-24-001947.txt : 20240722
0000905148-24-001947.hdr.sgml : 20240722
20240722163516
ACCESSION NUMBER: 0000905148-24-001947
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240719
FILED AS OF DATE: 20240722
DATE AS OF CHANGE: 20240722
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: DUCHENE TODD M
CENTRAL INDEX KEY: 0001248745
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40046
FILM NUMBER: 241131914
MAIL ADDRESS:
STREET 1: 847 GIBRALTAR DR.
CITY: MILPITAS
STATE: CA
ZIP: 95035
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Core Scientific, Inc./tx
CENTRAL INDEX KEY: 0001839341
STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199]
ORGANIZATION NAME: 09 Crypto Assets
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 106 EAST 6TH STREET, SUITE 900-145
CITY: AUSTIN
STATE: TX
ZIP: 78701
BUSINESS PHONE: (425) 998-5300
MAIL ADDRESS:
STREET 1: 106 EAST 6TH STREET, SUITE 900-145
CITY: AUSTIN
STATE: TX
ZIP: 78701
FORMER COMPANY:
FORMER CONFORMED NAME: Power & Digital Infrastructure Acquisition Corp.
DATE OF NAME CHANGE: 20210106
4
1
form4.xml
X0508
4
2024-07-19
0001839341
Core Scientific, Inc./tx
CORZ
0001248745
DUCHENE TODD M
C/O CORE SCIENTIFIC, INC.
838 WALKER ROAD, SUITE 21-2105
DOVER
DE
19904
true
See remarks
false
Common Stock
2024-07-19
4
A
0
1003633
0
A
1363510
D
Common Stock
2024-07-19
4
A
0
250909
0
A
1614419
D
Common Stock
2024-07-19
4
A
0
83637
0
A
1698056
D
Represents a special one-time restricted stock unit ("RSU") grant. The RSUs will vest in substantially equal installments on each of the first four anniversaries of December 31, 2023, provided that the Reporting Person continues to provide service to the Issuer on each vesting date.
Represents a regular annual RSU grant. 1/3 of the RSUs will vest on January 23, 2025, and the remaining 2/3 of the RSUs will vest in eight substantially equal installments on the conclusion of each calendar quarter thereafter, provided that the Reporting Person continues to provide service to the Issuer on each vesting date.
Represents a regular annual performance-based RSU ("PSU") grant. The PSUs will vest in three substantially equal installments in the 2024, 2025 and 2026 calendar years upon the attainment of certain prescribed stock price hurdles, with certain adjustments for the 2025 and 2026 calendar years, if applicable, to allow for continued vesting eligibility to the extent the prescribed performance metrics were not achieved in a prior calendar year, provided that the Reporting Person continues to provide service to the Issuer on each vesting date.
Chief Legal and Administrative Officer
/s/ Todd DuChene
2024-07-22