Brooks Megan M. 4
4 · Riot Blockchain, Inc. · Filed May 19, 2022
Insider Transaction Report
Form 4
Brooks Megan M.
Chief Operating Officer
Transactions
- Exercise/Conversion
Common Stock
2022-05-17+25,000→ 140,662 total - Tax Payment
Common Stock
2022-05-17$7.31/sh−7,500$54,825→ 133,162 total - Exercise/Conversion
Restricted Stock Units
2022-05-17−25,000→ 53,000 totalExercise: $0.00→ Common Stock (25,000 underlying)
Footnotes (4)
- [F1]Vested Restricted Stock Units ("RSUs") awarded to the Reporting Person as compensation 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 permitted under the Plan, upon settlement by the Issuer in accordance with the procedures of the Plan.
- [F2]Represents the total direct and indirect beneficial ownership of the indicated security held by the Reporting Person immediately following the reported transaction.
- [F3]Represents net settlement for taxes due in connection with the conversion of 25,000 vested RSUs into shares of the Issuer's Common Stock upon settlement by the Issuer, as permitted by the Plan and approved by the Issuer's Compensation and Human Resources Committee (the "Committee").
- [F4]Represents the settlement by the Issuer of the vested portions of the RSUs granted to the Reporting Person on May 7, 2022, as reported on this Form 4.