Form 4 for RIOT Riot Platforms, Inc.
Accepted 2022-09-14 00:00:00 ET · period of report 2022-09-12 · accession 0001079973-22-001100 · 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 | 2022-09-14 | 2022-09-12 | RIOT | MCGONEGAL JEFFREY | CFO | M - OptEx | $0.00 | +9,666 | 347.2K | +3% | $0 |
| D | 2022-09-14 | 2022-09-12 | RIOT | MCGONEGAL JEFFREY | CFO | F - Tax | $8.26 | -3,963 | 343.2K | -1% | -$32.7K |
| D | 2022-09-14 | 2022-09-12 | RIOT | MCGONEGAL JEFFREY | CFO | M - OptEx | $0.00 | -9,666 | 5,000 | -66% | $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 | 2022-09-12 | M | A | 9,666 | $0.00 | 347,199 | D | — | — | (F1) Pursuant to the Riot Blockchain, Inc. 2019 Equity Incentive Plan, as amended, (the "Plan") each performance-based restricted stock unit ("PSU") represents a contingent right to receive one share of the Issuer's common stock, no par value per share, ("Common Stock") subject to any net settlement permitted under the Plan and approved by the Issuer's Compensation and Human Resources Committee (the "Committee"), following vesting and settlement by the Issuer. Pursuant to the Plan, PSUs are subject to forfeiture until vested, and are contingent on the Recipient's continued employment or service with the Issuer through vesting. (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 | 2022-09-12 | F | D | 3,963 | $8.26 | 343,236 | D | — | — | (F3) Represents net settlement in connection with the conversion of vested PSUs into shares of the Issuer's Common Stock noted in Table II of this Report, 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 | 2022-09-12 | M | D | 9,666 | $0.00 | 5,000 | D | $0.00 · — to — | 9,666 Common Stock | (F1) Pursuant to the Riot Blockchain, Inc. 2019 Equity Incentive Plan, as amended, (the "Plan") each performance-based restricted stock unit ("PSU") represents a contingent right to receive one share of the Issuer's common stock, no par value per share, ("Common Stock") subject to any net settlement permitted under the Plan and approved by the Issuer's Compensation and Human Resources Committee (the "Committee"), following vesting and settlement by the Issuer. Pursuant to the Plan, PSUs are subject to forfeiture until vested, and are contingent on the Recipient's continued employment or service with the Issuer through vesting. (F2) Represents the total direct and indirect beneficial ownership of the indicated security held by the Reporting Person immediately following the reported transaction. (F4) Represents the settlement following vesting of 9,666 PSUs granted, as of August 12, 2021, to the Reporting Person under the Plan, which vested upon the Committee's determination that the performance criteria corresponding to 9,666 PSUs had been achieved. |