Ryan D. Werner - Jan 11, 2023 Form 4 Insider Report for Riot Platforms, Inc. (RIOT)

Role
SVP, CAO
Signature
/s/ Alexander K. Travis, Attorney-in-Fact for Ryan D. Werner
Stock symbol
RIOT
Transactions as of
Jan 11, 2023
Transactions value $
-$30,384
Form type
4
Date filed
1/13/2023, 05:42 PM
Previous filing
Sep 29, 2022
Next filing
Jun 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RIOT Common Stock Tax liability -$30.4K -7.2K -2.1% $4.22 336K Jan 11, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares surrendered to the Issuer, in accordance with Rule 16b-3 under the Exchange Act, to cover tax liabilities incident to the vesting of 16,000 performance-based restricted shares of the Issuer's Common Stock, previously issued to the Reporting Person as restricted stock awards, which are eligible to vest, if at all, based on the Issuer's achievement of performance objectives established under the performance plan, as previously reported on Form 4 by the Reporting Person. Pursuant to the equity award agreements between the Issuer and the Reporting Person covering such awards, vested shares may be surrendered to the Issuer by the Reporting Person to cover applicable taxes incurred in connection with the vesting of such shares, as authorized and approved by the Issuer's Compensation and Human Resources Committee, which administers the Plan.