Form 4 for RIOT Riot Platforms, Inc.
Accepted 2022-02-22 00:00:00 ET · period of report 2022-02-17 · accession 0001079973-22-000179 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-02-22 | 2022-02-17 | RIOT | Brooks Megan M. | COO | M - OptEx | $0.00 | +43.0K | 109.5K | +65% | $0 |
| DM | 2022-02-22 | 2022-02-17 | RIOT | Brooks Megan M. | COO | F - Tax | $19.73 | -12.9K | 97.5K | -12% | -$254.5K |
| DM | 2022-02-22 | 2022-02-17 | RIOT | Brooks Megan M. | COO | M - OptEx | $0.00 | -43.0K | 6,000 | -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 | 2022-02-17 | M | A | 3,000 | $0.00 | 100,462 | D | — | — | (F1) Vested Restricted Stock Units ("RSUs") awarded to the Reporting Person as compensation 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 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. |
| 2 | Common | Common Stock | 2022-02-17 | F | D | 900 | $19.73 | 99,562 | D | — | — | (F3) Represents net settlement in connection with the conversion of vested RSUs into shares of the Issuer's Common Stock based on the price per share of the Issuer's Common Stock as of the conversion, as permitted under the Plan and approved by the Issuer's Compensation and Human Resources Committee (the "Committee"). (F2) Represents the total direct and indirect ownership of the indicated security held by the Reporting Person immediately following the reported transaction. |
| 3 | Common | Common Stock | 2022-02-17 | F | D | 12,000 | $19.73 | 97,462 | D | — | — | (F3) Represents net settlement in connection with the conversion of vested RSUs into shares of the Issuer's Common Stock based on the price per share of the Issuer's Common Stock as of the conversion, as permitted under the Plan and approved by the Issuer's Compensation and Human Resources Committee (the "Committee"). (F2) Represents the total direct and indirect ownership of the indicated security held by the Reporting Person immediately following the reported transaction. |
| 4 | Common | Common Stock | 2022-02-17 | M | A | 40,000 | $0.00 | 109,462 | D | — | — | (F1) Vested Restricted Stock Units ("RSUs") awarded to the Reporting Person as compensation 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 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. |
| 5 | Derivative | Restricted Stock Units | 2022-02-17 | M | D | 40,000 | $0.00 | 9,000 | D | $0.00 · — to — | 40,000 Common Stock | (F2) Represents the total direct and indirect ownership of the indicated security held by the Reporting Person immediately following the reported transaction. (F3) Represents net settlement in connection with the conversion of vested RSUs into shares of the Issuer's Common Stock based on the price per share of the Issuer's Common Stock as of the conversion, as permitted under the Plan and approved by the Issuer's Compensation and Human Resources Committee (the "Committee"). (F4) Represents the settlement by the Issuer of 40,000 vested performance-based RSUs, which vested upon the Committee's certification of the Issuer's achievement of certain of the performance objectives detailed in the August 12, 2021 performance-based equity award agreement between the Reporting Person and the Issuer. |
| 6 | Derivative | Restricted Stock Units | 2022-02-17 | M | D | 3,000 | $0.00 | 6,000 | D | $0.00 · — to — | 3,000 Common Stock | (F2) Represents the total direct and indirect ownership of the indicated security held by the Reporting Person immediately following the reported transaction. (F3) Represents net settlement in connection with the conversion of vested RSUs into shares of the Issuer's Common Stock based on the price per share of the Issuer's Common Stock as of the conversion, as permitted under the Plan and approved by the Issuer's Compensation and Human Resources Committee (the "Committee"). (F5) Represents the settlement by the Issuer the vested portion of the 6,000 time-based RSUs granted to the Reporting Person under the Plan on April 6, 2021, pursuant to the Reporting Person's Executive Employment Agreement with the Issuer, which vested in equal quarterly intervals following the grant date, and the 6,000 time-based RSUs granted to the Reporting Person on November 11, 2021 pursuant to an amendment to the Reporting Person's Executive Employment Agreement with the Issuer. |