Form 4 for RIOT Riot Platforms, Inc.
Accepted 2022-08-03 00:00:00 ET · period of report 2022-08-02 · accession 0001079973-22-000927 · 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 | 2022-08-03 | 2022-08-02 | RIOT | Jackman William Richard | EVP, GC | D - Sale to Iss | $7.32 | -6,000 | 30.8K | -16% | -$43.9K |
| D | 2022-08-03 | 2022-08-02 | RIOT | Jackman William Richard | EVP, GC | M - OptEx | $0.00 | +12.0K | 36.8K | +48% | $0 |
| D | 2022-08-03 | 2022-08-02 | RIOT | Jackman William Richard | EVP, GC | M - OptEx | $0.00 | -12.0K | 55.3K | -18% | $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 | 2022-08-02 | D | D | 6,000 | $7.32 | 30,789 | D | — | — | (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 | 2022-08-02 | M | A | 12,000 | $0.00 | 36,789 | D | — | — | (F1) Under the Riot Blockchain, Inc. 2019 Equity Incentive Plan, as amended, (the "Plan") vested Restricted Stock Units ("RSUs") are, upon settlement by the Issuer in accordance with the procedures of the Plan, convertible into shares of the Issuer's common stock, no par value per share, 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"). (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 | 2022-08-02 | M | D | 12,000 | $0.00 | 55,321 | D | $0.00 · — to — | 12,000 Common Stock | (F1) Under the Riot Blockchain, Inc. 2019 Equity Incentive Plan, as amended, (the "Plan") vested Restricted Stock Units ("RSUs") are, upon settlement by the Issuer in accordance with the procedures of the Plan, convertible into shares of the Issuer's common stock, no par value per share, 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"). (F3) Represents net settlement of the conversion of 12,000 vested RSUs reported in Table II, as permitted under the Plan and approved by the Committee. (F4) Represents the conversion upon settlement by the Issuer of vested portion of the performance-based RSUs granted to the Reporting Person by the Issuer on August 12, 2021, which vested upon the Issuer's achievement of the performance criteria established by the Committee under Plan corresponding to 12,000 RSUs. |