COO Long-Term Incentive Award
Company: Riot
The claim, verbatim
Stephen Howell granted up to 373,927 shares under Long-Term Incentive Program as of July 1, 2023, consisting of 24,643 service-based restricted shares vesting in three equal annual tranches (July 1, 2024, 2025, 2026) and up to 349,284 performance-based shares vesting based on relative total shareholder return performance versus Russell 3000 Index over three-year period.
Source (primary)
Riot 8-K filed 2024-06-06 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Prior to his appointment as COO, Mr. Howell was enrolled in the LTIP and granted an unvested and contingent award of up to 373,927 shares... The 2023 LTIP Award consists of: (i) a service-based component of 24,643 restricted Shares... in three approximately equal annual tranches, as of July 1, 2024, 2025, and 2026; and (ii) a performance-based component of up to 349,284 Shares... based on the relative performance of the Company's common stock ("TSR"), compared to the performance of the Russell 3000 Index, during the three-year performance period”
How we checked this
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Additional evidence
confirms Riot 8-K filed 2024-06-06
Quote: “Prior to his appointment as COO, Mr. Howell was enrolled in the LTIP and granted an unvested and contingent award of up to 373,927 shares... The 2023 LTIP Award consists of: (i) a service-based component of 24,643 restricted Shares... in three approximately equal annual tranches, as of July 1, 2024, 2025, and 2026; and (ii) a performance-based component of up to 349,284 Shares... based on the relative performance of the Company's common stock ("TSR"), compared to the performance of the Russell 3000 Index, during the three-year performance period”