| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | RIOT | Restricted Stock Units | Award | $0 | +246K | $0.00 | 246K | Jul 13, 2023 | Common Stock | 246K | $0.00 | Direct | F1, F2, F3, F4, F5 | |
| transaction | RIOT | Restricted Stock Units | Award | $0 | +123K | +50% | $0.00 | 370K | Jul 13, 2023 | Common Stock | 123K | $0.00 | Direct | F4, F5, F6, F7 |
| Id | Content |
|---|---|
| F1 | Represents an unvested award of restricted stock units ("RSUs") of the Issuer's Common Stock, no par value per share, ("Common Stock") granted to the Reporting Person by the Issuer under its 2019 Equity Incentive Plan, as amended, (the "Equity Plan") pursuant to an equity award agreement, dated as of July 13, 2023, between the Issuer and Reporting Person (the "Award Agreement"). Subject and pursuant to the Award Agreement, vested RSUs are convertible into shares of Common Stock, on a one-for-one basis, upon settlement by the Issuer. |
| F2 | Represents the maximum number of performance-based RSUs granted to the Reporting Person by the Issuer pursuant to the Long-Term Incentive Program (the "LTIP") established by the Issuer's Compensation and Human Resources Committee (the "Committee") under the Equity Plan, which are eligible to vest based on the Issuer's achievement of certain performance objectives established for it under the LTIP for the period ended December 31, 2025 (the "Performance Period"). |
| F3 | Pursuant to the Award Agreement, the RSUs reported on this line are eligible to vest as of the end of the Award Term based on the Issuer's achievement of certain performance objectives established for it under the LTIP for the Performance Period, subject to the Reporting Person's continuous service with the Issuer through the Award Term. |
| F4 | Each unvested RSU represents the contingent right to receive one (1) share of Common Stock upon vesting and settlement by the Issuer in accordance with its compensation practices and the Equity Plan. The actual number of shares of Common Stock to be issued to the Reporting Person will depend on the number of RSUs that vest, as well as any net settlement thereof to satisfy any tax obligations due, as permitted by the Committee. |
| F5 | Represents the total number of RSUs held or beneficially owned, directly and indirectly, by the Reporting Person, following the reported transaction. |
| F6 | Represents the maximum number of service-based RSUs granted to the Reporting Person by the Issuer, as of the indicated date, pursuant to the LTIP established under the Equity Plan, which are subject to vesting and restrictions, as set forth in the Award Agreement. |
| F7 | Pursuant to the Award Agreement, the RSUs reported on this line are eligible to vest in three (3) approximately equal tranches as of July 1, 2024, 2025, and 2026, subject to the Reporting Person's continued service with the Issuer through the applicable vesting dates. |