Riot Platforms, Inc. — Director's Dealing 2020

Sep 1, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Riot Blockchain, Inc. (RIOT)
CIK: 0001167419
Period of Report: 2020-08-28

Reporting Person: MCGONEGAL JEFFREY (Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-08-28	Common Stock	A	104895	—	Acquired	253910	Direct
2020-08-28	Common Stock	F	31469	$3.23	Disposed	222441	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-08-28	Restricted Stock Units	$	M	104895	Acquired		Common Stock (104895)	Direct

Footnotes

F1: Vested Restricted Stock Units ("RSUs") granted under the Riot Blockchain, Inc. 2019 Equity Incentive Plan (the "Plan") convert into shares of the Issuer's Common Stock, no par value, on a one-for-one basis upon settlement by the Issuer.

F2: Represents net settlement for taxes in connection with the settlement of 104,895 vested RSUs, as permitted under the Plan.

F3: Pursuant to the Amended and Restated Executive Employment Agreement by and between the Reporting Person and the Issuer dated as of February 7, 2020 (the "Employment Agreement"), on February 7, 2020, the Reporting Person was granted 209,790 RSUs under the Plan, which vest in four equal quarterly installments during the term of the Employment Agreement. Accordingly, after the settlement of 104,895 vested RSUs into shares of the Issuer's Common Stock, 104,895 RSUs granted to the Reporting Person by the Issuer remain outstanding and subject to the vesting schedule and the other terms and conditions of the Employment Agreement.