William R. Jackman - Aug 2, 2022 Form 4 Insider Report for Riot Blockchain, Inc. (RIOT)

Role
EVP & General Counsel
Signature
/s/ William R. Jackman
Stock symbol
RIOT
Transactions as of
Aug 2, 2022
Transactions value $
-$43,920
Form type
4
Date filed
8/3/2022, 05:53 PM
Previous filing
Jul 15, 2022
Next filing
Sep 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RIOT Common Stock Options Exercise $0 +12K +48.41% $0.00 36.8K Aug 2, 2022 Direct F1, F2
transaction RIOT Common Stock Disposed to Issuer -$43.9K -6K -16.31% $7.32 30.8K Aug 2, 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RIOT Restricted Stock Units Options Exercise $0 -12K -17.83% $0.00 55.3K Aug 2, 2022 Common Stock 12K $0.00 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Under the Riot Blockchain, Inc. 2019 Equity Incentive Plan, as amended, (the "Plan") vested Restricted Stock Units ("RSUs") are, upon settlement by the Issuer in accordance with the procedures of the Plan, convertible into shares of the Issuer's common stock, no par value per share, on a one-for-one basis, subject to any net settlement permitted by the Plan and approved by the Issuer's Compensation and Human Resources Committee (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.
F3 Represents net settlement of the conversion of 12,000 vested RSUs reported in Table II, as permitted under the Plan and approved by the Committee.
F4 Represents the conversion upon settlement by the Issuer of vested portion of the performance-based RSUs granted to the Reporting Person by the Issuer on August 12, 2021, which vested upon the Issuer's achievement of the performance criteria established by the Committee under Plan corresponding to 12,000 RSUs.