Form 4 for RIOT Riot Platforms, Inc.
Accepted 2021-10-14 00:00:00 ET · period of report 2021-10-13 · accession 0001079973-21-001025 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-10-14 | 2021-10-13 | RIOT | Harris Chad Everett | see Remarks | F - Tax | $25.25 | -10.5K | 24.5K | -30% | -$264.9K |
| D | 2021-10-14 | 2021-10-13 | RIOT | Harris Chad Everett | see Remarks | M - OptEx | $0.00 | +35.0K | 35.0K | New | $0 |
| D | 2021-10-14 | 2021-10-13 | RIOT | Harris Chad Everett | see Remarks | M - OptEx | $0.00 | -35.0K | 4,975 | -88% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-10-13 | F | D | 10,492 | $25.25 | 24,482 | D | — | — | (F3) Represents shares of Common Stock withheld for taxes in connection with the settlement by the Issuer following vesting of 4,974 RSUs and 30,000 PSUs previously granted to the Reporting Person under the Plan. (F2) Represents the total direct and indirect ownership of the indicated security held by the Reporting Person immediately following the reported transaction. |
| 2 | Common | Common Stock | 2021-10-13 | M | A | 34,974 | $0.00 | 34,974 | D | — | — | (F1) Vested restricted stock units ("RSU") and vested performance-based restricted stock units ("PSUs") awarded to the Reporting Person under the Riot Blockchain, Inc. 2019 Equity Incentive Plan, as amended, (the "Plan") are convertible into shares of the Issuer's common stock, no par value per share, ("Common Stock") on a one-for-one basis, subject to any net settlement for taxes permitted under the Plan, upon settlement by the Issuer in accordance with the procedures of the Plan. (F2) Represents the total direct and indirect ownership of the indicated security held by the Reporting Person immediately following the reported transaction. |
| 3 | Derivative | Restricted Stock Units | 2021-10-13 | M | D | 34,974 | $0.00 | 4,975 | D | $0.00 · — to — | 34,974 Common Stock | (F2) Represents the total direct and indirect ownership of the indicated security held by the Reporting Person immediately following the reported transaction. (F4) The conversion of 4,974 vested RSUs reported in Table II relates to the settlement by the Issuer of the vested portion of the 9,949 RSUs granted to the Reporting Person on May 12, 2021, which are eligible to vest in four quarterly installments after the grant date. The conversion of the 30,000 vested PSUs reported in Table II relates to the settlement by the Issuer of vested PSUs awarded to the Reporting Person on August 12, 2021, which vested upon the Issuer's attainment of the specified performance objectives corresponding to 30,000 PRSUs under the Plan. |