Soo Il Benjamin Yi - 27 Sep 2022 Form 4/A - Amendment Insider Report for Riot Blockchain, Inc. (RIOT)

Role: Executive Chairman, Director
Signature: /s/ Alexander K. Travis, Attorney-in-fact for Soo il Benjamin Yi
Issuer symbol: RIOT
Transactions as of: 27 Sep 2022
Net transactions value: $0
Form type: 4/A - Amendment
Filing time: 29 Sep 2022, 19:44:59 UTC
Date Of Original Report: 28 Sep 2022
Previous filing: 28 Sep 2022
Next filing: 05 Jun 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RIOT	Common Stock	Options Exercise	$0	+3,750	+1.9%	$0.000000	196,696	27 Sep 2022	Direct	F1
transaction	RIOT	Common Stock	Options Exercise	$0	+44,666	+23%	$0.000000	241,362	27 Sep 2022	Direct	F1
transaction	RIOT	Common Stock	Options Exercise	$0	+378,334	+157%	$0.000000	619,696	27 Sep 2022	Direct	F1
transaction	RIOT	Common Stock	Award	$0	+2,971,768	+480%	$0.000000	3,591,464	27 Sep 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	-3,750	-0.88%	$0.000000	423,000	27 Sep 2022	Common Stock	3,750	$0.000000	Direct	F1, F2
transaction	RIOT	Restricted Stock Units	Options Exercise	$0	-44,666	-11%	$0.000000	378,334	27 Sep 2022	Common Stock	44,666	$0.000000	Direct	F1, F2
transaction	RIOT	Restricted Stock Units	Options Exercise	$0	-378,334	-100%	$0.000000^*	0	27 Sep 2022	Common Stock	378,334	$0.000000	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 reported 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 reported 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.