AI assistant
Riot Platforms, Inc. — Director's Dealing 2022
Sep 29, 2022
30793_dirs_2022-09-29_2bf22ae3-1452-4b82-9219-f9dc62d7bc6f.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Riot Blockchain, Inc. (RIOT)
CIK: 0001167419
Period of Report: 2022-09-27
Reporting Person: Marleau Hubert (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-09-27 | Common Stock | M | 6250 | $0.00 | Acquired | 6250 | Direct |
| 2022-09-27 | Common Stock | M | 6250 | $0.00 | Acquired | 12500 | Direct |
| 2022-09-27 | Common Stock | A | 111441 | $0.00 | Acquired | 123941 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-09-27 | Restricted Stock Units | $0.00 | M | 6250 | Disposed | Common Stock (6250) | Direct | |
| 2022-09-27 | Restricted Stock Units | $0.00 | M | 6250 | Disposed | Common Stock (6250) | Direct |
Footnotes
F1: The reported transactions represent the settlement by the Issuer of the vested portion of the award of restricted stock units ("RSUs") granted to the Reporting Person under the Issuer's equity plan in connection with the Reporting Person's service on the Board. Each vested RSU represents the contingent right to receive, upon settlement by the Issuer, one share of the Issuer's Common Stock, subject to any net settlement permitted by the equity plan and approved by the Issuer's Compensation and Human Resources Committee (the "Committee").
F2: Represents the conversion, as authorized by the Committee, of all outstanding RSUs granted to the Reporting Person under the Issuer's equity plan into awards of restricted shares of the Issuer's Common Stock ("RSAs"). Pursuant to the applicable RSA award agreement with the Issuer, these 6,250 shares are eligible to vest, if at all, in two equal quarterly tranches after the grant, subject to the Reporting Person's continued service through vesting.
F3: Represents the RSA award granted to the Reporting Person, in connection with his service on the Board, pursuant to an RSA award agreement with the Issuer. These 111,441 shares are eligible to vest, if at all, in four equal quarterly tranches after the grant, subject to the Reporting Person's continued service with the Issuer through vesting.