Brooks Megan M. 4
4 · Riot Blockchain, Inc. · Filed Jun 16, 2022
Insider Transaction Report
Form 4
Brooks Megan M.
Chief Operating Officer
Transactions
- Exercise/Conversion
Common Stock
2022-06-14+25,000→ 158,162 total - Exercise/Conversion
Restricted Stock Units
2022-06-14−25,000→ 28,000 totalExercise: $0.00→ Common Stock (25,000 underlying) - Tax Payment
Common Stock
2022-06-14$5.17/sh−7,500$38,775→ 150,662 total
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.
- [F4]The settlement of 25,000 vested RSUs reported on this Form 4 represents the settlement of the vested portion of the 75,000 RSUs awarded to the Reporting Person on April 7, 2022, which are eligible to vest in three equal installments as of May 7, 2022, June 7, 2022, and July 7, 2022.