Form 4 for RIOT Riot Platforms, Inc.
Accepted 2022-05-19 00:00:00 ET · period of report 2022-05-17 · accession 0001079973-22-000614 · 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 | 2022-05-19 | 2022-05-17 | RIOT | Brooks Megan M. | [See Remarks] | M - OptEx | $0.00 | +25.0K | 140.7K | +22% | $0 |
| D | 2022-05-19 | 2022-05-17 | RIOT | Brooks Megan M. | [See Remarks] | F - Tax | $7.31 | -7,500 | 133.2K | -5% | -$54.8K |
| D | 2022-05-19 | 2022-05-17 | RIOT | Brooks Megan M. | [See Remarks] | M - OptEx | $0.00 | -25.0K | 53.0K | -32% | $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 | 2022-05-17 | M | A | 25,000 | $0.00 | 140,662 | 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 beneficial ownership of the indicated security held by the Reporting Person immediately following the reported transaction. |
| 2 | Common | Common Stock | 2022-05-17 | F | D | 7,500 | $7.31 | 133,162 | D | — | — | (F3) Represents net settlement for taxes due in connection with the conversion of 25,000 vested RSUs into shares of the Issuer's Common Stock upon settlement by the Issuer, as permitted by the Plan and approved by the Issuer's Compensation and Human Resources Committee (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 | 2022-05-17 | M | D | 25,000 | $0.00 | 53,000 | D | $0.00 · — to — | 25,000 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") 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. (F4) Represents the settlement by the Issuer of the vested portions of the RSUs granted to the Reporting Person on May 7, 2022, as reported on this Form 4. |