Form 4 for RIOT Riot Platforms, Inc.
Accepted 2022-08-31 00:00:00 ET · period of report 2022-08-30 · accession 0001079973-22-001053 · 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 | 2022-08-31 | 2022-08-30 | RIOT | D'Ambrosio Lance Varro | Dir | M - OptEx | $0.00 | +11.2K | 13.8K | +450% | $0 |
| D | 2022-08-31 | 2022-08-30 | RIOT | D'Ambrosio Lance Varro | Dir | M - OptEx | $0.00 | -11.2K | 6,250 | -64% | $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 | 2022-08-30 | M | A | 11,250 | $0.00 | 13,750 | D | — | — | (F1) These Restricted Stock Units ("RSUs") were granted to the Reporting Person under the Riot Blockchain, Inc. 2019 Equity Incentive Plan, as amended, (the "Plan") in consideration of the Reporting Person's service on the Issuer's Board of Directors, subject to the Reporting Person's continuing service with the Issuer through the applicable vesting date. RSUs granted under the Plan are subject to forfeiture until vested. Following vesting, RSUs are convertible, on a one-for-one basis, into shares of the Issuer's Common Stock 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 | Derivative | Restricted Stock Units | 2022-08-30 | M | D | 11,250 | $0.00 | 6,250 | D | $0.00 · — to — | 11,250 Common Stock | (F1) These Restricted Stock Units ("RSUs") were granted to the Reporting Person under the Riot Blockchain, Inc. 2019 Equity Incentive Plan, as amended, (the "Plan") in consideration of the Reporting Person's service on the Issuer's Board of Directors, subject to the Reporting Person's continuing service with the Issuer through the applicable vesting date. RSUs granted under the Plan are subject to forfeiture until vested. Following vesting, RSUs are convertible, on a one-for-one basis, into shares of the Issuer's Common Stock 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. (F3) The conversion reported in Table II represents the settlement by the Issuer following vesting of 11,250 RSUs, including: (i) the final 5,000 of the 12,500 RSUs granted to the Reporting Person as of May 28, 2021, of which, 2,500 vested immediately as of the grant date, with the remaining vesting in four equal quarterly installments following the grant date; and (ii) 6,250 of the 12,500 RSUs granted to the Reporting Person as of January 10, 2022, which are eligible to vest in four equal quarterly installments following the grant date, subject to the Reporting Person's continued service with the Issuer through the applicable vesting date. |