Soo il Benjamin Yi - Feb 22, 2024 Form 4 Insider Report for Riot Platforms, Inc. (RIOT)

Role: EXECUTIVE CHAIRMAN, Director
Signature: /s/ Alexander K. Travis, Attorney-in-Fact for Benjamin Yi
Stock symbol: RIOT
Transactions as of: Feb 22, 2024
Transactions value $: $0
Form type: 4
Date filed: 2/26/2024, 07:23 PM
Previous filing: Jan 5, 2024
Next filing: Jul 3, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RIOT	Common Stock	Disposed to Issuer	$0	-298K	-4.04%	$0.00	7.09M	Feb 22, 2024	Direct	F1
holding	RIOT	Common Stock						1M	Feb 22, 2024	See Footnote	F2

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

Explanation of Responses:

Id	Content
F1	Represents the return to the Issuer of the performance-based restricted shares of Common Stock originally awarded to the Reporting Person pursuant to the performance-incentive program established under the Issuer's 2019 Equity Plan as of August 12, 2021, which remained unvested as of the end of such performance program, as of February 22, 2024. Pursuant to the award agreement covering such award, any shares of restricted Common Stock remaining unvested as of the end of such performance program were automatically forfeited and returned to the Issuer, without consideration therefor.
F2	Shares held in trust by the Reporting Person in a Cayman Islands trust company established by the Reporting Person, as of January 16, 2023, Acorn Capital Foundation Limited company (the "Trust"). The Reporting Person is the sole settlor, director and beneficiary of the Trust, and retains all rights with respect to the shares held therein.

Content

Represents the return to the Issuer of the performance-based restricted shares of Common Stock originally awarded to the Reporting Person pursuant to the performance-incentive program established under the Issuer's 2019 Equity Plan as of August 12, 2021, which remained unvested as of the end of such performance program, as of February 22, 2024. Pursuant to the award agreement covering such award, any shares of restricted Common Stock remaining unvested as of the end of such performance program were automatically forfeited and returned to the Issuer, without consideration therefor.

Shares held in trust by the Reporting Person in a Cayman Islands trust company established by the Reporting Person, as of January 16, 2023, Acorn Capital Foundation Limited company (the "Trust"). The Reporting Person is the sole settlor, director and beneficiary of the Trust, and retains all rights with respect to the shares held therein.