Form 4 for RIOT Riot Platforms, Inc.
Accepted 2022-03-18 00:00:00 ET · period of report 2022-03-16 · accession 0001079973-22-000305 · 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 | Jackman William Richard | GC | M - OptEx | $0.00 | +2,658 | 25.9K | +11% | $0 |
| D | 2022-03-18 | 2022-03-16 | RIOT | Jackman William Richard | GC | D - Sale to Iss | $14.16 | -1,063 | 24.8K | -4% | -$15.1K |
| D | 2022-03-18 | 2022-03-16 | RIOT | Jackman William Richard | GC | M - OptEx | $0.00 | -2,658 | 41.3K | -6% | $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 | 2,658 | $0.00 | 25,852 | 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 | D | D | 1,063 | $14.16 | 24,789 | D | — | — | (F3) Represents net settlement in connection with the conversion of 2,658 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 Unit | 2022-03-16 | M | D | 2,658 | $0.00 | 41,321 | D | $0.00 · — to — | 2,658 Common Stock | (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. (F4) The conversion of 2,657 RSUs reported in Table II represents the settling of the vested portion of the 10,630 RSUs awarded to the Reporting Person by the Issuer under the Plan as of the grant date, July 15, 2021, as compensation under the executive employment agreement between the Reporting Person and the Issuer dated as of the grant date. These 10,630 RSUs were granted pursuant to an equity award agreement between the Issuer and the Reporting Person and the Issuer dated as of the grant date, and are eligible to vest in four equal quarterly installments following the grant date. |