Lance D'Ambrosio - Sep 27, 2022 Form 4/A - Amendment Insider Report for Riot Blockchain, Inc. (RIOT)

Role: Director
Signature: /s/ Alexander K. Travis, Attorney-in-Fact for Lance Varro D'Ambrosio
Stock symbol: RIOT
Transactions as of: Sep 27, 2022
Transactions value $: $0
Form type: 4/A - Amendment
Date filed: 9/29/2022, 07:42 PM
Date Of Original Report: Sep 28, 2022
Previous filing: Sep 28, 2022
Next filing: Nov 1, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RIOT	Common Stock	Options Exercise	$0	+6.25K	+166.67%	$0.00	10K	Sep 27, 2022	Direct	F1
transaction	RIOT	Common Stock	Award	$0	+111K	+1114.41%	$0.00	121K	Sep 27, 2022	Direct	F1

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	-6.25K	-100%	$0.00^*	0	Sep 27, 2022	Common Stock	6.25K	$0.00	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On September 28, 2022, a Form 4 was filed that, due to administrative error, inadvertently disclosed incorrect information regarding the transactions, as indicated. Accordingly, this amended Form 4 is being filed to supply the correct information regarding the indicated transactions.
F2	All outstanding Restricted Stock Unit awards ("RSUs") granted under the Issuer's equity plan were converted into awards of restricted shares of the Issuer's Common Stock ("RSAs"), as authorized by the Issuer's Compensation and Human Resources Committee. The RSAs awarded in connection with this conversion are subject to forfeiture and restrictions until vesting, as set forth in the RSA award agreement with the Issuer governing the award.

Content

On September 28, 2022, a Form 4 was filed that, due to administrative error, inadvertently disclosed incorrect information regarding the transactions, as indicated. Accordingly, this amended Form 4 is being filed to supply the correct information regarding the indicated transactions.

All outstanding Restricted Stock Unit awards ("RSUs") granted under the Issuer's equity plan were converted into awards of restricted shares of the Issuer's Common Stock ("RSAs"), as authorized by the Issuer's Compensation and Human Resources Committee. The RSAs awarded in connection with this conversion are subject to forfeiture and restrictions until vesting, as set forth in the RSA award agreement with the Issuer governing the award.