Key facts
- This page summarizes Lyle Joseph Theriot's Form 4 filing for Riot Blockchain, Inc. (RIOT).
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 18 Jul 2022, 19:10.
Lyle Joseph Theriot - 13 Jul 2022 Form 4 Insider Report for Riot Blockchain, Inc. (RIOT)
- Reporting relationship
- Officer
- Issuer ticker
- RIOT
- Reported as of
- 13 Jul 2022
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 18 Jul 2022, 19:10:46 UTC
- Prior SEC filing
- 15 Apr 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Lyle Joseph Theriot
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Lyle Joseph Theriot filed Form 4 for Riot Blockchain, Inc. (RIOT) on 18 Jul 2022.
Change
- Previous filing in this sequence was filed on 15 Apr 2022.
- Current net transaction value: $0.
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 derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
RIOT
transaction
Derivative
Restricted Stock Units
Award
- Transaction value
- $0
- Shares
- +12,000
- Change %
- +73%
- Price
- $0.000000
- Shares after
- 28,488
- Date
- 13 Jul 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 12,000
- Exercise price
- $0.000000
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
Pursuant to the Riot Blockchain, Inc. 2019 Equity Incentive Plan, as amended, (the "Equity Plan") each performance-based restricted stock unit ("PSUs") represents a contingent right to receive one share of the Issuer's common stock, no par value per share, ("Common Stock") upon settlement by the Issuer following vesting. PSUs are subject to vesting under the performance plan established by the Issuer's Compensation and Human Resources Committee (the "Committee") under the Equity Plan, (the "Performance Plan") in connection with the Issuer's achievement of certain performance milestones specified by the Committee during the performance period expiring on December 31, 2023.
Footnote F2
On July 13, 2022, the Committee determined that the Issuer had achieved, as of June 30, 2022, the performance criteria corresponding to 12,000 PSUs. Upon vesting, the Issuer records PSUs as Restricted Stock Units, which are eligible to be settled by the Issuer in shares of its Common Stock on a one-for-one basis, subject to any net settlement for taxes as permitted under the Performance Plan and as approved by the Committee. Accordingly, the award of 12,000 Restricted Stock Units reported on this Form 4 represents the vesting of 12,000 PSUs awarded to the Reporting Person on August 12, 2021.
Footnote F3
Represents the total direct and indirect beneficial ownership of the indicated security held by the Reporting Person immediately following the reported transaction.
SEC remarks
The Reporting Person is the Chief Operating Officer of Whinstone US, Inc., a wholly owned subsidiary of Riot Blockchain, Inc.