Form 4 for RIOT Riot Platforms, Inc.
Accepted 2022-09-29 00:00:00 ET · period of report 2022-09-27 · accession 0001079973-22-001224 · 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 | 2022-09-29 | 2022-09-27 | RIOT | Jackman William Richard | EVP, GC | A - Grant | $0.00 | +742.9K | 1.04M | +247% | $0 |
| D | 2022-09-29 | 2022-09-27 | RIOT | Jackman William Richard | EVP, GC | M - OptEx | $0.00 | +242.0K | 300.4K | +414% | $0 |
| D | 2022-09-29 | 2022-09-27 | RIOT | Jackman William Richard | EVP, GC | M - OptEx | $0.00 | -242.0K | 0 | -100% | $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 | 2022-09-27 | A | A | 742,942 | $0.00 | 1,043,389 | D | — | — | (F2) Represents the RSA award granted to the Reporting Person, as compensation for serving as the Issuer's EVP and General Counsel, pursuant to an RSA award agreement with the Issuer. These shares are eligible to vest, if at all, in two equal annual tranches as of June 1, 2023, and June 1, 2024, subject to the Reporting Person's continued service with the Issuer through the applicable vesting dates. |
| 2 | Common | Common Stock | 2022-09-27 | M | A | 242,000 | $0.00 | 300,447 | D | — | — | (F1) The reported transactions represent the conversion of all outstanding restricted stock unit awards ("RSUs") granted to the Reporting Person under the Issuer's equity plan into equal awards of restricted shares of the Issuer's Common Stock ("RSAs"), as authorized by the Issuer's Compensation and Human Resources Committee (the "Committee"). The reported number of shares represents the total maximum target award allocated to the Reporting Person under the performance-incentive plan established by the Committee under the Issuer's equity plan, which are eligible to vest, if at all, based on the Issuer's achievement, during the performance period ending December 31, 2023, of performance objectives established under the performance plan. Pursuant to the applicable RSA award agreement with the Issuer, the shares are subject to forfeiture until vested, and any shares remaining unvested as of the end of the performance period will be automatically forfeited without consideration. |
| 3 | Derivative | Restricted Stock Units | 2022-09-27 | M | D | 242,000 | $0.00 | 0 | D | $0.00 · — to — | 242,000 Common Stock | (F1) The reported transactions represent the conversion of all outstanding restricted stock unit awards ("RSUs") granted to the Reporting Person under the Issuer's equity plan into equal awards of restricted shares of the Issuer's Common Stock ("RSAs"), as authorized by the Issuer's Compensation and Human Resources Committee (the "Committee"). The reported number of shares represents the total maximum target award allocated to the Reporting Person under the performance-incentive plan established by the Committee under the Issuer's equity plan, which are eligible to vest, if at all, based on the Issuer's achievement, during the performance period ending December 31, 2023, of performance objectives established under the performance plan. Pursuant to the applicable RSA award agreement with the Issuer, the shares are subject to forfeiture until vested, and any shares remaining unvested as of the end of the performance period will be automatically forfeited without consideration. |