4//SEC Filing
Yi Soo il Benjamin 4
Accession 0001415889-24-000796
CIK 0001167419other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 7:30 PM ET
Size
7.7 KB
Accession
0001415889-24-000796
Insider Transaction Report
Form 4
Yi Soo il Benjamin
DirectorEXECUTIVE CHAIRMAN
Transactions
- Award
Common Stock
2024-01-03+5,000,000→ 7,385,344 total
Holdings
- 1,000,000(indirect: See Footnote)
Common Stock
Footnotes (4)
- [F1]'Represents the award of performance-based restricted shares of the Issuer's Common Stock, no par value per share, ("Common Stock") 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").
- [F2]The number of restricted shares of Common Stock 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 shares of Common Stock 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 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.
- [F3]Excludes 1,000,000 shares held in trust by the Reporting Person.
- [F4]Shares held in trust by the Reporting Person in a Cayman Islands trust company established by the Reporting Person, as of January 16, 2023, Acorn Capital Foundation Limited company (the "Trust"). The Reporting Person is the sole settlor, director and beneficiary of the Trust, and retains all rights with respect to the shares held therein.
Documents
Issuer
Riot Platforms, Inc.
CIK 0001167419
Entity typeother
Related Parties
1- filerCIK 0001757880
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 7:30 PM ET
- Size
- 7.7 KB