<SEC-DOCUMENT>0001079973-22-001098.txt : 20220914
<SEC-HEADER>0001079973-22-001098.hdr.sgml : 20220914
<ACCEPTANCE-DATETIME>20220914204344
ACCESSION NUMBER:		0001079973-22-001098
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20220912
FILED AS OF DATE:		20220914
DATE AS OF CHANGE:		20220914

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Jackman William Richard
		CENTRAL INDEX KEY:			0001872927

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33675
		FILM NUMBER:		221244297

	MAIL ADDRESS:	
		STREET 1:		C/O RIOT BLOCKCHAIN, INC.
		STREET 2:		3855 AMBROSIA STREET, STE. 301
		CITY:			CASTLE ROCK
		STATE:			CO
		ZIP:			80109

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Riot Blockchain, Inc.
		CENTRAL INDEX KEY:			0001167419
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
		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:	Bioptix, Inc.
		DATE OF NAME CHANGE:	20161201

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Venaxis, Inc.
		DATE OF NAME CHANGE:	20121218

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AspenBio Pharma, Inc.
		DATE OF NAME CHANGE:	20051110
</SEC-HEADER>
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<TYPE>4
<SEQUENCE>1
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    <issuer>
        <issuerCik>0001167419</issuerCik>
        <issuerName>Riot Blockchain, Inc.</issuerName>
        <issuerTradingSymbol>RIOT</issuerTradingSymbol>
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    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001872927</rptOwnerCik>
            <rptOwnerName>Jackman William Richard</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O RIOT BLOCKCHAIN, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>3855 AMBROSIA STREET, STE. 301</rptOwnerStreet2>
            <rptOwnerCity>CASTLE ROCK</rptOwnerCity>
            <rptOwnerState>CO</rptOwnerState>
            <rptOwnerZipCode>80109</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>EVP &amp; General Counsel</officerTitle>
            <otherText></otherText>
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                    <value>8.26</value>
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            <underlyingSecurity>
                <underlyingSecurityTitle>
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    </derivativeTable>

    <footnotes>
        <footnote id="F1">Under the Riot Blockchain, Inc. 2019 Equity Incentive Plan, as amended, (the &quot;Plan&quot;) each service-based restricted stock unit (&quot;RSU&quot;) and performance-based restricted stock unit (&quot;PSU&quot;) represents a contingent right to receive one share of the Issuer's common stock, no par value per share, (&quot;Common Stock&quot;) subject to any net settlement permitted under the Plan and approved by the Issuer's Compensation and Human Resources Committee (the &quot;Committee&quot;), following vesting and settlement by the Issuer. Pursuant to the Plan, RSUs and PSUs are subject to forfeiture until vested, and are contingent on the Recipient's continued employment or service with the Issuer through vesting.</footnote>
        <footnote id="F2">Represents the total direct and indirect beneficial ownership of the indicated security held by the Reporting Person immediately following the reported transaction.</footnote>
        <footnote id="F3">Represents net settlement in connection with the conversion of vested RSUs and PSUs into shares of the Issuer's Common Stock noted in Table II of this report, as permitted under the Plan and approved by the Committee.</footnote>
        <footnote id="F4">Represents the settlement following vesting of 50,000 PSU granted, as of August 12, 2021, to the Reporting Person under the Plan, which vested upon the Committee's determination that the performance criteria corresponding to 50,000 PSUs had been achieved.</footnote>
        <footnote id="F5">On March 18, 2022, the reporting person filed a Form 4 which inadvertently reported that, following his conversion of vested RSUs on Table II, the number of derivative securities beneficially owned totaled 41,321. The correct number of derivative securities beneficially owned following the reported transaction were 41,315.</footnote>
        <footnote id="F6">Represents the settlement following vesting of the remaining balance of the 10,630 RSU granted, as of July 15, 2021, to the Reporting Person under the Plan, which were eligible to vest in four approximately equal quarterly installments following the grant date.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Alexander K. Travis, Attorney-in-Fact for William Richard Jackman</signatureName>
        <signatureDate>2022-09-14</signatureDate>
    </ownerSignature>
</ownershipDocument>
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<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>2
<FILENAME>ex24-wjackman.htm
<DESCRIPTION>LIMITED POWER OF ATTORNEY
<TEXT>
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     <TITLE></TITLE>
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<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="text-align: right; margin: 0"><FONT STYLE="font-size: 10pt">Exhibit 24</FONT></P>

<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><FONT STYLE="font-size: 10pt; text-transform: uppercase"><B><U>Limited
Power of Attorney</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">I, the undersigned individual,
hereby constitute and appoint each of <FONT STYLE="text-transform: uppercase"><B>AlexANDER K. Travis</B></FONT>, Deputy General Counsel,
and <FONT STYLE="text-transform: uppercase"><B>Jamie Amentler</B></FONT>, Associate General Counsel, each, in their respective capacities
as General Counsel to Riot Blockchain, Inc., a Nevada corporation, and its consolidated subsidiaries (collectively, the &ldquo;Corporation&rdquo;),
and not in their individual capacities, as well as any individual delegee as each of them may appoint from time to time, and each of them
acting singly, as my true and lawful attorneys-in-fact and agents, with full powers of substitution or revocation, for me and in my name,
place and stead, in any and all capacities, to: <B>(1)</B> prepare, sign in my name and on my behalf and submit to the U.S. Securities
and Exchange Commission (the &ldquo;SEC&rdquo;) a Form ID, including amendments thereto, and any other documents necessary or appropriate
to obtain codes and passwords enabling me to make electronic filings with the SEC of reports required by Section 13(d) and Section 16(a)
of the Securities and Exchange Act of 1934, as amended, (the &ldquo;Exchange Act&rdquo;) or any rule or regulation of the SEC with respect
to my position with the Corporation; <B>(2)</B> sign any and all Schedules 13D/G, as appropriate, and Forms 3, 4, or 5 in connection with
my beneficial ownership of securities of the Corporation as may be required of me pursuant to Section 13(d) and Section 16(a) of the Exchange
Act and the rules and regulations promulgated thereunder, and to file the same and all other documents in connection therewith, with the
SEC and any stock exchange or similar authority; and <B>(3)</B> do and perform any and all acts for and on my behalf which may be necessary
or desirable to complete and execute any such Schedule 13D/G, as appropriate, and Form 3, 4, or 5, or other document, and timely file
such form or report with the SEC and any stock exchange or similar authority as may be required in connection with my position with the
Corporation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">I hereby grant unto said
attorney-in-fact and agent, and any such delegees as he may appoint from time to time, and him acting singly, full power and authority
to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents
and purposes as I might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, and him acting
singly, or his substitute, may lawfully do or cause to be done by virtue hereof. I declare that any act or thing lawfully done hereunder
by my said attorney-in-fact and agent shall be binding on myself and my heirs, legal and personal representatives, and assigns, whether
the same shall have been done before or after my death, or other revocation of this instrument, unless and until reliable notice thereof
shall have been received by any party who, upon the faith of this instrument, accepts my said attorney-in-fact and agent as authorized
to represent me. I acknowledge that the foregoing attorney-in-fact, in serving in such capacity at my request, is not assuming, and the
Corporation is not assuming, any of my responsibilities to comply with Section 13(d) and Section 16 of the Exchange Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">This power of
attorney shall remain in full force and effect until I am no longer required to file Schedules 13D/G, as appropriate, and Forms 3, 4,
and 5 with respect to my holdings of and transactions in securities issued by the Company, unless earlier revoked by me in a signed writing
delivered to the foregoing attorney-in-fact, and the authority of my attorney-in-fact and agent hereunder shall not terminate on my disability
but shall remain in full force and effect for so long as I am an officer, director, or other individual subject to reporting requirements
of the Company, and for such time thereafter as may be necessary to file any such reports.<BR STYLE="clear: both"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><B>IN WITNESS WHEREOF</B>,
I have hereunto set my hand and seal this 27<SUP>th</SUP> day of July, 2022.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 12pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
  <TD STYLE="border-bottom: Black 1pt solid; width: 40%"><FONT STYLE="font-size: 10pt">/s/ William Richard Jackman</FONT></TD>
  <TD STYLE="width: 10%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
  <TD><P STYLE="margin: 0; font: 10pt/107% Times New Roman, Times, Serif">William Richard Jackman</P></TD>
  <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt; text-indent: 3in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt"><FONT STYLE="font-size: 10pt"><B></B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 50%"><B>STATE OF TEXAS</B></TD>
  <TD STYLE="width: 50%"><B>&sect;</B></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><B>&nbsp;</B></TD>
  <TD><B>&nbsp;</B></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><B>COUNTY OF TRAVIS</B></TD>
  <TD><B>&sect;</B></TD></TR>
</TABLE>

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">I,
the undersigned notary public, hereby certify that this instrument was signed and acknowledged before me on July 27, 2022 by William Richard Jackman, who is personally known to me.</FONT></P>

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 12pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
  <TD STYLE="border-bottom: Black 1pt solid; width: 40%"><FONT STYLE="font-size: 10pt">/s/ Kerri L. Olsen</FONT></TD>
  <TD STYLE="width: 10%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-size: 10pt"><I>{Notary Public Seal}</I></FONT></TD>
  <TD><FONT STYLE="font-size: 10pt">Notary Public Signature</FONT></TD>
  <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt; text-indent: 3in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify"></P>

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