4//SEC Filing
Theriot Lyle Joseph 4
Accession 0001079973-22-000090
CIK 0001167419other
Filed
Jan 17, 7:00 PM ET
Accepted
Jan 18, 9:41 PM ET
Size
18.8 KB
Accession
0001079973-22-000090
Insider Transaction Report
Form 4
Theriot Lyle Joseph
Subsidiary Officer See Remarks
Transactions
- Tax Payment
Common Stock
2022-01-18$20.68/sh−12,600$260,568→ 53,882 total - Tax Payment
Common Stock
2022-01-18$20.68/sh−746$15,427→ 55,623 total - Award
Restricted Stock Units
2022-01-14+36,000→ 46,975 totalExercise: $0.00→ Common Stock (36,000 underlying) - Exercise/Conversion
Common Stock
2022-01-18+42,000→ 66,482 total - Exercise/Conversion
Common Stock
2022-01-18+2,487→ 56,369 total - Exercise/Conversion
Restricted Stock Units
2022-01-18−42,000→ 4,975 totalExercise: $0.00→ Common Stock (42,000 underlying) - Exercise/Conversion
Restricted Stock Unit
2022-01-18−2,487→ 2,488 totalExercise: $0.00→ Common Stock (2,487 underlying)
Footnotes (7)
- [F1]Vested restricted stock units ("RSU") and vested performance-based restricted stock units ("PSUs") awarded to the Reporting Person under the Riot Blockchain, Inc. 2019 Equity Incentive Plan, as amended, (the "Plan") are convertible into shares of the Issuer's common stock, no par value per share, ("Common Stock") on a one-for-one basis, subject to any net settlement for taxes permitted under the Plan, upon settlement by the Issuer in accordance with the procedures of the Plan.
- [F2]Represents the total direct and indirect ownership of the indicated security held by the Reporting Person immediately following the reported transaction.
- [F3]Represents shares of Common Stock withheld for taxes in connection with the settlement by the Issuer following vesting of 42,000 PSUs previously granted to the Reporting Person under the Plan.
- [F4]Represents shares of Common Stock withheld for taxes in connection with the settlement by the Issuer following vesting of 2,487 RSUs previously granted to the Reporting Person under the Plan.
- [F5]On August 12, 2021, the Reporting Person was granted PSUs, which are eligible to vest contingent upon the Issuer's achievement of certain performance criteria during the performance period ending on December 31, 2023. The Committee determined that, as of December 31, 2021, the performance criteria corresponding to 36,000 PSUs had been achieved. Accordingly, the 36,000 PSUs reported on this Form 4 became vested and eligible to be settled by the Issuer as restricted stock units in accordance with the Plan.
- [F6]The conversion of 42,000 PSUs reported in Table II represents the settling by the Issuer of the vested portion of the PSUs granted to the Reporting Person pursuant to the Award Agreement, which vested upon the Committee's determination that performance criteria corresponding to 42,000 of the PSUs granted to the Reporting Person had been achieved.
- [F7]The conversion of 2,487 vested RSUs reported in Table II relates to the settlement by the Issuer of the remaining unsettled portion of the 2,487 RSUs granted to the Reporting Person on April 6, 2021, which vested in four quarterly installments after the grant date.
Documents
Issuer
Riot Blockchain, Inc.
CIK 0001167419
Entity typeother
Related Parties
1- filerCIK 0001864143
Filing Metadata
- Form type
- 4
- Filed
- Jan 17, 7:00 PM ET
- Accepted
- Jan 18, 9:41 PM ET
- Size
- 18.8 KB