| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | RIOT | Common Stock | 75.5K | Jun 1, 2024 | Direct | F1 | |||||
| holding | RIOT | Common Stock | 24.6K | Jun 1, 2024 | Direct | F2 | |||||
| holding | RIOT | Common Stock | 349K | Jun 1, 2024 | Direct | F3 |
| Id | Content |
|---|---|
| F1 | Shares of the Issuer's common stock, no par value per share, ("Common Stock") acquired pursuant to vested equity awards granted to the Reporting Person under the Issuer's 2019 Equity Incentive Plan, as amended, (the "Equity Plan") in connection with the Reporting Person's service with the Issuer, which vested in accordance with the terms of equity award agreements between the Issuer and the Reporting Person under the Equity Plan (each, an "Award Agreement"). All awards of equity compensation granted under the Equity Plan are authorized by the Compensation and Human Resources Committee (the "Committee") of the Issuer's Board of Directors, which administers the Equity Plan. |
| F2 | Represents the outstanding, unvested portion of service-based restricted stock awards ("RSAs") granted to the Reporting Person under the Equity Plan pursuant to the Long-Term Incentive Compensation Program established by the Committee under the Equity Plan as of July 13, 2023 (the "LTIP"), as compensation for the Reporting Person's service with the Issuer. As set forth in the applicable Award Agreement, these RSAs are eligible to vest, if at all, in three (3) approximately equal annual tranches as of July 1, 2024, 2025, and 2026, subject and pursuant to the Reporting Person's continued service with the Issuer through the applicable vesting dates. Any RSAs remaining unvested as of the end of the Reporting Person's service with the Issuer shall be automatically forfeited and returned to the Issuer, without consideration. |
| F3 | Represents the outstanding, unvested portion of performance-based restricted stock awards ("PRSAs") granted to the Reporting Person under the Equity Plan pursuant to the LTIP, as compensation for the Reporting Person's service with the Issuer. The reported shares represents 200% of the target award of 174,642 shares granted to the Reporting Person under the LTIP, which is the maximum performance award achievable during the performance period ending December 31, 2025. The PRSAs are eligible to vest, if at all, based upon Issuer's achievement of certain performance objectives established by the Committee during the performance period as certified by the Committee as of the vesting date, July 31, 2026, subject to the Reporting Person's continued service with the Issuer. Any PRSAs remaining unvested as of the earlier of the end of the Reporting Person's service with the Issuer or July 31, 2026, shall be automatically forfeited and returned to the Issuer, without consideration. |
Effective as of June 1, 2024, the Reporting Person was appointed to serve as the Issuer's Chief Operating Officer ("COO").