Harris Chad Everett 4
4 · Riot Blockchain, Inc. · Filed Sep 29, 2022
Insider Transaction Report
Form 4
Harris Chad Everett
Subsidiary Officer See Remarks
Transactions
- Exercise/Conversion
Restricted Stock Units
2022-09-27−242,000→ 0 totalExercise: $0.00→ Common Stock (242,000 underlying) - Exercise/Conversion
Common Stock
2022-09-27+242,000→ 317,565 total - Award
Common Stock
2022-09-27+742,942→ 1,060,507 total
Footnotes (2)
- [F1]The reported transactions represent the conversion of all outstanding restricted stock unit awards ("RSUs") granted to the Reporting Person under the Issuer's equity plan into equal awards of restricted shares of the Issuer's Common Stock ("RSAs"), as authorized by the Issuer's Compensation and Human Resources Committee (the "Committee"). The reported number of shares represents the total maximum target award allocated to the Reporting Person under the performance-incentive plan established by the Committee under the Issuer's equity plan, which are eligible to vest, if at all, based on the Issuer's achievement, during the performance period ending December 31, 2023, of performance objectives established under the performance plan. The shares are subject to forfeiture until vested, and any shares remaining unvested as of the end of the performance period will be automatically forfeited without consideration.
- [F2]Represents the RSA award granted to the Reporting Person as compensation for serving as the Issuer's EVP and Chief Commercial Officer pursuant to an RSA award agreement with the Issuer. These shares are eligible to vest, if at all, in two equal annual tranches as of June 1, 2023, and June 1, 2024, subject to the Reporting Person's continued service with the Issuer through the applicable vesting dates.