0001415889-24-000800.txt : 20240105
0001415889-24-000800.hdr.sgml : 20240105
20240105203007
ACCESSION NUMBER: 0001415889-24-000800
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240103
FILED AS OF DATE: 20240105
DATE AS OF CHANGE: 20240105
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Yee Colin M.
CENTRAL INDEX KEY: 0001932352
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33675
FILM NUMBER: 24518060
MAIL ADDRESS:
STREET 1: C/O RIOT PLATFORMS, INC.
STREET 2: 3855 AMBROSIA STREET, SUITE 301
CITY: CASTLE ROCK
STATE: CO
ZIP: 80109
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Riot Platforms, Inc.
CENTRAL INDEX KEY: 0001167419
STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199]
ORGANIZATION NAME: 09 Crypto Assets
IRS NUMBER: 841553387
STATE OF INCORPORATION: NV
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 3855 AMBROSIA STREET, SUITE 301
CITY: CASTLE ROCK
STATE: CO
ZIP: 80109
BUSINESS PHONE: 303-794-2000
MAIL ADDRESS:
STREET 1: 3855 AMBROSIA STREET, SUITE 301
CITY: CASTLE ROCK
STATE: CO
ZIP: 80109
FORMER COMPANY:
FORMER CONFORMED NAME: Riot Blockchain, Inc.
DATE OF NAME CHANGE: 20171004
FORMER COMPANY:
FORMER CONFORMED NAME: Bioptix, Inc.
DATE OF NAME CHANGE: 20161201
FORMER COMPANY:
FORMER CONFORMED NAME: Venaxis, Inc.
DATE OF NAME CHANGE: 20121218
4
1
form4-01052024_080101.xml
X0508
4
2024-01-03
0001167419
Riot Platforms, Inc.
RIOT
0001932352
Yee Colin M.
C/O RIOT PLATFORMS, INC.
3855 AMBROSIA STREET, SUITE 301
CASTLE ROCK
CO
80109
false
true
false
false
EVP, CFO
0
Restricted Stock Units
0
2024-01-03
4
A
0
1000000
0
A
Common Stock
1000000
1369639
D
Represents the award of performance-based restricted stock units ("RSUs") awarded to the Reporting Person, under the Issuer's Long-Term Incentive Program (the "LTIP") established, as of July 13, 2023, by the Issuer's Compensation and Human Resources Committee of its Board of Directors (the "Committee") under the Issuer's 2019 Equity Incentive Plan, as amended, (the "Equity Plan") for the period ending July 31, 2026 (the "Award Term"), pursuant to an equity award agreement between the Issuer and Reporting Person (the "Award Agreement").
The number of RSUs reported represents the maximum achievable award under the LTIP (200% of the target award). As set forth in the Award Agreement, the final number of RSUs to vest will be determined based on the Issuer's achievement, as of the end of the Award Term, of certain performance objectives established for it by the Committee under the LTIP, subject to the Reporting Person's continued service with the Issuer through vesting. Pursuant to the Award Agreement, the shares are subject to certain restrictions, including on transfer, and are at risk of forfeiture until vested.
Pursuant to the Award Agreement, the reported RSUs are eligible to vest as of the end of the Award Term, based on the Issuer's achievement of the performance objectives established for it under the LTIP by the Committee, subject to the Reporting Person's continuous service with the Issuer through vesting.
Each unvested RSU represents the contingent right to receive one (1) share of the Issuer's common stock, no par value per share, ("Common Stock") upon vesting and settlement by the Issuer in accordance with the Award Agreement and Equity Plan. The final number of shares of Common Stock to be issued to the Reporting Person will depend on the number of RSUs that vest as of the end of the Award Term, as well as any net settlement of such vested RSUs to satisfy any tax obligations due in connection with such vesting, as permitted by the Committee.
/s/ Alexander K. Travis, Attorney-in-Fact for Colin M. Yee
2024-01-05