Karen Boone - Apr 20, 2022 Form 4 Insider Report for Rivian Automotive, Inc. / DE (RIVN)

Role
Director
Signature
/s/ Neil Sitron, Attorney-in-Fact
Stock symbol
RIVN
Transactions as of
Apr 20, 2022
Transactions value $
$0
Form type
4
Date filed
4/22/2022, 04:10 PM
Previous filing
Mar 14, 2022
Next filing
Jun 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RIVN Class A Common Stock Award $0 +598 +2.94% $0.00 21K Apr 20, 2022 Direct F1
holding RIVN Class A Common Stock 65K Apr 20, 2022 See footnote F2
holding RIVN Class A Common Stock 65K Apr 20, 2022 See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of 598 restricted stock units, which vested on April 20, 2022. The Reporting Person has elected to defer the issuance of the shares of the Issuer's Class A Common Stock underlying the restricted stock units until the Reporting Person's termination of service as a director of the Issuer. The restricted stock units will settle in shares of the Issuer's Class A Common Stock upon such termination of service.
F2 By The Andrew J. Boone 2021 Grantor Retained Annuity Trust under Irrevocable Trust Agreement dated September 24, 2021.
F3 By The Karen L. Boone 2021 Grantor Retained Annuity Trust under Irrevocable Trust Agreement dated September 24, 2021.