Key facts
- This page summarizes Jason Les's Form 4 filing for Riot Platforms, Inc. (RIOT).
- 3 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 03 Jul 2024, 18:00.
Jason Les - 01 Jul 2024 Form 4 Insider Report for Riot Platforms, Inc. (RIOT)
- Reporting relationship
- CHIEF EXECUTIVE OFFICER, Director
- Issuer ticker
- RIOT
- Reported as of
- 01 Jul 2024
- Net transaction value
- -$323,355
- SEC form
- 4
- Accepted by SEC
- 03 Jul 2024, 18:00:06 UTC
- Prior SEC filing
- 03 Jun 2024
- Next SEC filing
- 12 Dec 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Alexander K. Travis, Attorney-in-Fact for Jason Les
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Jason Les filed Form 4 for Riot Platforms, Inc. (RIOT) on 03 Jul 2024.
Change
- Previous filing in this sequence was filed on 03 Jun 2024.
- Current net transaction value: -$323,355.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
RIOT
transaction
Common Stock
Tax liability
- Transaction value
- $323,355
- Shares
- -32,498
- Change %
- -0.52%
- Price
- $9.95
- Shares after
- 6,224,202
- Date
- 01 Jul 2024
- Ownership
- Direct
- Footnotes
- F1
RIOT
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +376,884
- Change %
- +6.1%
- Price
- $0.000000
- Shares after
- 6,601,086
- Date
- 01 Jul 2024
- Ownership
- Direct
- Footnotes
- F2
RIOT
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +753,768
- Change %
- +11%
- Price
- $0.000000
- Shares after
- 7,354,854
- Date
- 01 Jul 2024
- Ownership
- Direct
- Footnotes
- F3
RIOT
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 1,069,911
- Date
- 01 Jul 2024
- Ownership
- See Footnote
- Footnotes
- F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
Shares surrendered to the Issuer, in accordance with Rule 16b-3 under the Exchange Act, to cover tax liabilities incident to the vesting of 61,606 restricted shares of the Issuer's Common Stock, no par value per share, previously issued to the Reporting Person as service-based restricted stock awards ("RSAs") granted under the Issuer's 2019 Equity Incentive Plan, as previously reported on Form 4 by the Reporting Person.
Footnote F2
Represents the award of RSAs granted to the Reporting Person, as authorized by the Issuer's Compensation and Human Resources Committee of its Board of Directors (the "Committee") under the Long-Term Incentive Program established, as of July 13, 2023, (the "LTIP"), pursuant to an LTIP award agreement with the Issuer. These shares are eligible to vest, if at all, in three approximately equal annual tranches as of July 1, 2025, July 1, 2026, and July 1, 2027, subject to the Reporting Person's continued service with the Issuer through the applicable vesting dates. Any unvested portion of the RSAs shall be automatically forfeited and returned to the Issuer, without consideration therefore.
Footnote F3
Represents the maximum achievable award of performance-based restricted shares of the Issuer's Common Stock, no par value per share, ("PRSAs") of up to a maximum of 200% of the target amount, which is 376,884 shares, during the three-year performance period from January 1, 2024 through December 31, 2026 (the "Performance Period"), granted to the Reporting Person, as authorized by the Committee under the LTIP, pursuant to an LTIP award agreement with the Issuer. These PRSAs are eligible to vest, if at all, based upon certification by the Committee of the Company's achievement, as of the end of the Performance Period, of certain performance objectives, and subject to the Reporting Persons continued service with the Issuer through July 1, 2027. Any unvested portion of the PRSAs shall be automatically forfeited and returned to the Issuer, without consideration therefore.
Footnote F4
Shares held of record in trust by Jason M. Les, Trustee of The Jason M. Les Trust, dated March 8, 2021.