Lance D'Ambrosio - Jul 17, 2023 Form 4 Insider Report for Riot Platforms, Inc. (RIOT)

Role: Director
Signature: /s/ Alexander K. Travis, Attorney-in-Fact for Lance Varro D'Ambrosio
Stock symbol: RIOT
Transactions as of: Jul 17, 2023
Transactions value $: -$498,160
Form type: 4
Date filed: 7/19/2023, 06:51 PM
Previous filing: Apr 19, 2023
Next filing: Jan 3, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RIOT	Common Stock	Sale	-$498K	-26K	-65.92%	$19.16	13.4K	Jul 17, 2023	Direct	F1, F2

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

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	The reported sales were executed under a Rule 10b5-1 trading plan adopted by the Reporting Person as of September 15, 2022.
F2	The shares were sold on the indicated date in a series of multiple transactions at prices ranging from $19.09 to $19.17, inclusive, per share. The price reported above reflects the weighted average sale price of the reported transaction. The Reporting Person hereby undertakes to provide, upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.

Content

The reported sales were executed under a Rule 10b5-1 trading plan adopted by the Reporting Person as of September 15, 2022.

The shares were sold on the indicated date in a series of multiple transactions at prices ranging from $19.09 to $19.17, inclusive, per share. The price reported above reflects the weighted average sale price of the reported transaction. The Reporting Person hereby undertakes to provide, upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.