Hannah Cho - 27 Sep 2022 Form 4 Insider Report for Riot Blockchain, Inc. (RIOT)

Role
Director
Signature
By: /s/ Alexander K. Travis, Attorney-in-Fact for Hannah Cho
Issuer symbol
RIOT
Transactions as of
27 Sep 2022
Net transactions value
-$19,438
Form type
4
Filing time
29 Sep 2022, 20:45:41 UTC
Previous filing
18 Mar 2022
Next filing
04 Oct 2022
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 +6,250 +100% $0.000000 12,500 27 Sep 2022 Direct F1
transaction RIOT Common Stock Tax liability $19,438 -3,125 -25% $6.22 9,375 27 Sep 2022 Direct F2
transaction RIOT Common Stock Options Exercise $0 +6,250 +67% $0.000000 15,625 27 Sep 2022 Direct F3
transaction RIOT Common Stock Award $0 +111,411 +712% $0.000000 127,066 27 Sep 2022 Direct F4

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 -6,250 -50% $0.000000 6,250 27 Sep 2022 Common Stock 6,250 $0.000000 Direct F1
transaction RIOT Restricted Stock Units Options Exercise $0 -6,250 -100% $0.000000* 0 27 Sep 2022 Common Stock 6,250 $0.000000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transactions represent the settlement by the Issuer of the vested portion of the award of restricted stock units ("RSUs") granted to the Reporting Person under the Issuer's equity plan in connection with the Reporting Person's service on the Board. Each vested RSU represents the contingent right to receive, upon settlement by the Issuer, one share of the Issuer's Common Stock, subject to any net settlement permitted by the equity plan and approved by the Issuer's Compensation and Human Resources Committee (the "Committee").
F2 Represents shares withheld by the Issuer in net settlement in connection with the settlement of vested RSUs, as permitted under the Issuer's equity plan and approved by the Committee.
F3 Represents the conversion, as authorized by the Committee, of all outstanding RSUs granted to the Reporting Person under the Issuer's equity plan into awards of restricted shares of the Issuer's Common Stock ("RSAs"). Pursuant to the applicable RSA award agreement with the Issuer, these 6,250 shares are eligible to vest, if at all, in two equal quarterly tranches after the grant, subject to the Reporting Person's continued service through vesting.
F4 Represents the RSA award granted to the Reporting Person, in connection with her service on the Issuer's Board, pursuant to an RSA award agreement with the Issuer. These 111,441 shares are eligible to vest, if at all, in four equal quarterly tranches after the grant, subject to the Reporting Person's continued service with the Issuer through vesting.