Soo il Benjamin Yi - 24 May 2021 Form 4 Insider Report for Riot Blockchain, Inc. (RIOT)

Role
Executive Chairman, Director
Signature
/s/ Benjamin Yi
Issuer symbol
RIOT
Transactions as of
24 May 2021
Transactions value $
$0
Form type
4
Filing time
26 May 2021, 16:27:10 UTC
Next filing
16 Aug 2021
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RIOT Restricted Stock Award Award $0 +15K +6.31% $0.00 253K 24 May 2021 Common Stock 15K $0.00 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vested restricted stock units ("RSUs") granted under the Riot Blockchain, Inc. 2019 Equity Incentive Plan (the "Plan") covert into shares of the Issuer's Common Stock on a one-for-one basis upon settlement by the Issuer in accordance with the procedures of the Plan.
F2 On May 24, 2021, in connection with the Reporting Person's service as Executive Chairman of the Corporation, the Reporting Person was granted an award of 15,000 RSUs under the Plan, which are eligible to vest in four (4) equal quarterly installments following the grant date.
F3 Represents the total direct and indirect beneficial ownership of the security held by the Reporting Person immediately following the issuance reported by this Form 4.