| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | RIOT | Common Stock | Options Exercise | $0 | +3.75K | +1.94% | $0.00 | 197K | Sep 26, 2022 | Direct | F1, F2 |
| transaction | RIOT | Common Stock | Options Exercise | $0 | +44.7K | +22.71% | $0.00 | 241K | Sep 26, 2022 | Direct | F2, F3 |
| transaction | RIOT | Common Stock | Options Exercise | $0 | -378K | -37.91% | $0.00 | 620K | Sep 26, 2022 | Direct | F2, F4 |
| transaction | RIOT | Common Stock | Award | $0 | -2.97M | -45.28% | $0.00 | 3.59M | Sep 26, 2022 | Direct | F2, F5 |
| 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 | +3.75K | +8.74% | $0.00 | 46.7K | Sep 26, 2022 | Common Stock | 3.75K | $0.00 | Direct | F1, F2 |
| transaction | RIOT | Restricted Stock Units | Options Exercise | $0 | +46.7K | $0.00* | 0 | Sep 26, 2022 | Common Stock | 46.7K | $0.00 | Direct | F1, F2, F3 | |
| transaction | RIOT | Restriced Stock Units | Options Exercise | $0 | +378K | $0.00* | 0 | Sep 26, 2022 | Common Stock | 378K | $0.00 | Direct | F1, F2, F4 |
| Id | Content |
|---|---|
| F1 | Under the Issuer's equity plan, each restricted stock unit ("RSU") represents the right to receive, upon vesting and settlement, one share of the Issuer's Common Stock, subject to any net settlement permitted by the Plan and approved by the Issuer's Compensation and Human Resources Committee (the "Committee"). The reported transactions represent settlement by the Issuer of 3,750 vested service-based RSUs granted to the Reporting Person as of May 24, 2021, which vested quarterly following the grant date |
| F2 | Represents the total direct and indirect beneficial ownership of the indicated security held by the Reporting Person immediately following the reported transaction. |
| F3 | The reported transactions represent settlement by the Issuer of 46,666 vested performance-based RSUs granted to the Reporting Person under the performance-incentive plan adopted by the Committee under the equity plan as of August 12, 2021, which vested based on the Issuer's achievement of performance objectives corresponding to 46,666 RSUs. |
| F4 | As of September 26, 2022, the Committee authorized the conversion of all unvested RSUs granted under the Plan into unvested restricted shares of Common Stock ("Restricted Stock"), without further consideration. Accordingly, the reported transaction represents the conversion of all unvested RSUs granted to the Reporting Person under the equity plan. The 378,334 shares of Restricted Stock represent the total maximum target award allocated to the Reporting Person under the performance plan, which are eligible to vest, if at all, based on the achievement, during the performance period expiring as of December 31, 2023, of certain performance objectives established for the Issuer under the performance plan. Shares of Restricted Stock are subject to forfeiture until vested, and shares remaining unvested as of the end of the performance period will be automatically forfeited without consideration. |
| F5 | Represents the grant of 2,971,768 shares of Restricted Stock to the Reporting Person as compensation for serving as the Issuer's Executive Chairman. Pursuant to the applicable award agreement, 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. |