<SEC-DOCUMENT>0001415889-24-019277.txt : 20240703
<SEC-HEADER>0001415889-24-019277.hdr.sgml : 20240703
<ACCEPTANCE-DATETIME>20240703183004
ACCESSION NUMBER:		0001415889-24-019277
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20240701
FILED AS OF DATE:		20240703
DATE AS OF CHANGE:		20240703

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:		241101236

	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
</SEC-HEADER>
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            <rptOwnerCity>CASTLE ROCK</rptOwnerCity>
            <rptOwnerState>CO</rptOwnerState>
            <rptOwnerZipCode>80109</rptOwnerZipCode>
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    <footnotes>
        <footnote id="F1">Pursuant to the Issuer's 2019 Equity Incentive Plan, as amended, (the &quot;Plan&quot;) vested restricted stock units (&quot;RSUs&quot;) convert into shares of the Issuer's common stock, no par value per share, on a one-for-one basis.</footnote>
        <footnote id="F2">On July 13, 2023, pursuant to the equity award agreement between the Issuer and Reporting Person (the &quot;Award Agreement&quot;), the reported service-based RSUs were eligible to vest, if at all, in three three (3) approximately equal tranches as of July 1, 2024, 2025, and 2026, subject to the Reporting Person's continued service with the Issuer through the applicable vesting dates.</footnote>
        <footnote id="F3">Each unvested RSU represents the contingent right to receive one (1) share of Common Stock upon vesting and settlement by the Issuer in accordance with its compensation practices and the Plan. The actual number of shares of Common Stock to be issued to the Reporting Person will depend on the number of RSUs that vest, as well as any net settlement thereof to satisfy any tax obligations due, as permitted by the Committee.</footnote>
        <footnote id="F4">Represents the total number of RSUs held or beneficially owned, directly and indirectly, by the Reporting Person, following the reported transaction.</footnote>
        <footnote id="F5">Represents the maximum number of service-based RSUs granted to the Reporting Person by the Issuer, as of the indicated date, pursuant to the Issuer's Long-Term Incentive Program (the &quot;LTIP&quot;) established, as of July 13, 2023, by the Issuer's Compensation and Human Resources Committee of its Board of Directors (the &quot;Committee&quot;) established under the Plan, which are subject to vesting and restrictions, as set forth in the Award Agreement.</footnote>
        <footnote id="F6">Pursuant to the Award Agreement, the service-based RSUs reported on this line are eligible to vest in three (3) approximately equal tranches as of July 1, 2025, 2026, and 2027, subject to the Reporting Person's continued service with the Issuer through the applicable vesting dates.</footnote>
        <footnote id="F7">The number of RSUs reported represents the maximum achievable award under the  LTIP of up to 200% of the target amount, which is 251,256 shares, during the three-year performance period from January 1, 2024 through December 31, 2026 (the &quot;Performance Period&quot;), granted to the Reporting Person, as authorized by the Committee under the LTIP, pursuant to the Award Agreement with the Issuer. The performance-based RSUs are eligible to vest if at all, based upon certification by the Committee of the Company's achievement, as of the end of the Performance Period, of certain performance objectives, and subject to the Reporting Persons continued service with the Issuer through July 1, 2027. Any unvested portion of the performance-based RSUs shall be automatically forfeited and returned to the Issuer, without consideration therefore.</footnote>
        <footnote id="F8">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.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Alexander K. Travis, Attorney-in-Fact for Colin Yee</signatureName>
        <signatureDate>2024-07-03</signatureDate>
    </ownerSignature>
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