Form 4 for RIOT Riot Platforms, Inc.
Accepted 2022-03-18 00:00:00 ET · period of report 2022-03-16 · accession 0001079973-22-000301 · 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 | 2022-03-18 | 2022-03-16 | RIOT | Cho Hannah | Dir | M - OptEx | $0.00 | +2,500 | 7,500 | +50% | $0 |
| D | 2022-03-18 | 2022-03-16 | RIOT | Cho Hannah | Dir | F - Tax | $14.16 | -1,250 | 6,250 | -17% | -$17.7K |
| D | 2022-03-18 | 2022-03-16 | RIOT | Cho Hannah | Dir | A - Grant | $0.00 | -2,500 | 12.5K | -17% | $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 | 2022-03-16 | M | A | 2,500 | $0.00 | 7,500 | D | — | — | (F1) Vested restricted stock units ("RSUs") granted under the Riot Blockchain, Inc. 2019 Equity Incentive Plan (the "Plan") covert into shares of the Issuer's common stock, no par value per share, (the "Common Stock") on a one-for-one basis, subject to any net settlement permitted by the Plan and approved by the Issuer's Compensation and Human Resources Committee (the "Committee") upon settlement by the Issuer in accordance with the procedures of the Plan. (F2) Represents the total direct and indirect beneficial ownership of the indicated security held by the Reporting Person immediately following the reported transaction. |
| 2 | Common | Common Stock | 2022-03-16 | F | D | 1,250 | $14.16 | 6,250 | D | — | — | (F3) Represents net settlement in connection with the conversion of 2,500 vested RSUs on a one-for-one basis into shares of the Issuer's Common Stock, as permitted by the Plan and approved by the Committee. (F2) Represents the total direct and indirect beneficial ownership of the indicated security held by the Reporting Person immediately following the reported transaction. |
| 3 | Derivative | Restricted Stock Units | 2022-03-16 | A | D | 2,500 | $0.00 | 12,500 | D | $0.00 · — to — | 2,500 Common Stock | (F2) Represents the total direct and indirect beneficial ownership of the indicated security held by the Reporting Person immediately following the reported transaction. (F1) Vested restricted stock units ("RSUs") granted under the Riot Blockchain, Inc. 2019 Equity Incentive Plan (the "Plan") covert into shares of the Issuer's common stock, no par value per share, (the "Common Stock") on a one-for-one basis, subject to any net settlement permitted by the Plan and approved by the Issuer's Compensation and Human Resources Committee (the "Committee") upon settlement by the Issuer in accordance with the procedures of the Plan. (F4) The conversion of 2,500 vested RSUs reported in Table II relates to the settlement by the Issuer of the final tranche of the 12,500 RSUs granted to the Reporting Person under the Plan as of the grant date, February 17, 2021 as compensation for the Reporting Person's service as a member of the Issuer's Board of Directors for Fiscal Year 2021. Of these 12,500 RSUs, 2,500 RSUs vested as of the grant date, and the remaining 10,000 RSUs vested in four quarterly installments of 2,500 RSUs after the grant date. |