4//SEC Filing
Harris Chad Everett 4
Accession 0001079973-22-000878
CIK 0001167419other
Filed
Jul 20, 8:00 PM ET
Accepted
Jul 21, 7:24 PM ET
Size
16.1 KB
Accession
0001079973-22-000878
Insider Transaction Report
Form 4
Harris Chad Everett
Subsidiary Officer See Remarks
Transactions
- Tax Payment
Common Stock
2022-07-19$5.57/sh−746$4,155→ 57,365 total - Exercise/Conversion
Common Stock
2022-07-19+26,000→ 83,365 total - Exercise/Conversion
Restricted Stock Units
2022-07-19−26,000→ 0 totalExercise: $0.00→ Common Stock (26,000 underlying) - Exercise/Conversion
Common Stock
2022-07-19+2,488→ 58,111 total - Tax Payment
Common Stock
2022-07-19$5.57/sh−7,800$43,446→ 75,565 total - Exercise/Conversion
Restricted Stock Units
2022-07-19−2,488→ 26,000 totalExercise: $0.00→ Common Stock (2,488 underlying)
Footnotes (5)
- [F1]Pursuant to the Riot Blockchain Inc. 2019 Equity Incentive Plan, as amended (the "Equity Plan") each service-based restricted stock unit ("RSUs") and each performance-based restricted stock units ("PSUs) represents a contingent right to receive one share of the Issuer's common stock, no par value per share, ("Common Stock") following vesting and settlement by the Issuer. Under the Equity Plan, the Issuer may elect to satisfy any tax withholding obligations due in connection with the conversion of vested RSUs and PSUs via net settlement of the vested award by withholding shares of Common Stock to cover the tax due, as permitted under the Equity Plan and approved by the Issuer's Compensation and Human Resources Committee (the "Committee").
- [F2]Represents the total direct and indirect 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 reported on the foregoing line of this report.
- [F4]The conversion of 2,488 vested RSUs reported in Table II relates to the settlement by the Issuer of the remaining unsettled portion of the 9,949 RSUs granted to the Reporting Person on May 26, 2021, which vested in four quarterly installments after the grant date.
- [F5]The conversion of 26,000 PSUs reported in Table II represents the settling by the Issuer of the vested portion of the PSUs granted to the Reporting Person August 12, 2021 pursuant to the Reporting Person's Award Agreement, which vested upon the Committee's determination that performance criteria corresponding to the PSUs granted to the Reporting Person had been achieved.
Documents
Issuer
Riot Blockchain, Inc.
CIK 0001167419
Entity typeother
Related Parties
1- filerCIK 0001863770
Filing Metadata
- Form type
- 4
- Filed
- Jul 20, 8:00 PM ET
- Accepted
- Jul 21, 7:24 PM ET
- Size
- 16.1 KB