Riot Platforms, Inc. — Director's Dealing 2023

Jun 5, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Riot Platforms, Inc. (RIOT)
CIK: 0001167419
Period of Report: 2023-06-01

Reporting Person: Les Jason (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-06-01	Common Stock	S	50000	$11.63	Disposed	356794	Indirect
2023-06-01	Common Stock	G	5000	—	Disposed	351794	Indirect
2023-06-01	Common Stock	F	767478	$12.41	Disposed	2565957	Direct

Footnotes

F1: The shares were sold on the indicated date in a series of multiple transactions at prices ranging from $11.6159 to $11.6822, inclusive, per share. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transactions were effected.

F2: Shares held of record in trust by Jason M. Les, Trustee of The Jason M. Les Trust, dated March 8, 2021.

F3: The reported disposition represents a bona fide gift made by the Reporting Person.

F4: Shares surrendered to the Issuer, in accordance with Rule 16b-3 under the Exchange Act, to cover tax liabilities incident to the vesting of 1,485,884 restricted shares of the Issuer's Common Stock previously issued to the Reporting Person as restricted stock awards granted under the Issuer's equity incentive plan (the "Plan"), as previously reported on Form 4 by the Reporting Person. Pursuant to the equity award agreements between the Issuer and the Reporting Person covering such awards, vested shares may be surrendered to the Issuer by the Reporting Person to cover applicable taxes incurred in connection with the vesting of such shares, as authorized and approved by the Issuer's Compensation and Human Resources Committee, which administers the Plan.