Bessemer Venture Partners X L.P. - Nov 8, 2024 Form 4 Insider Report for Rigetti Computing, Inc. (RGTI)

Role
10%+ Owner
Signature
/s/ Scott Ring, General Counsel, Deer IX & Co. Ltd., the General Partner of Deer X & Co. L.P., the General Partner of Bessemer Venture Partners X L.P
Stock symbol
RGTI
Transactions as of
Nov 8, 2024
Transactions value $
-$3,040,000
Form type
4
Date filed
11/12/2024, 08:59 PM
Previous filing
Mar 11, 2022
Next filing
Nov 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RGTI COMMON STOCK Sale -$1.09M -714K -3.31% $1.52 20.9M Nov 8, 2024 SEE FOOTNOTES F1, F2, F3
transaction RGTI COMMON STOCK Sale -$1.95M -1.29M -6.16% $1.52 19.6M Nov 11, 2024 SEE FOOTNOTES F2, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 8, 2024, Bessemer Venture Partners X Institutional L.P. ("BVP X Inst") and Bessemer Venture Partners X L.P. ("BVP X") sold 345,663 and 368,223 shares of Common Stock of Rigetti Computing, Inc., respectively, at a weighted average price of $1.52. These shares were sold in multiple transactions at prices ranging from $1.45 to $1.55. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F2 Deer X & Co. Ltd. ("Deer Ltd.") is the general partner of Deer X & Co. L.P. ("Deer L.P."), which is the general partner of each of BVP X Inst and BVP X (collectively, the "Funds"). Deer Ltd. and Deer L.P. disclaim beneficial ownership of the securities held by the Funds, and this report shall not be deemed an admission that Deer Ltd. and Deer L.P. are the beneficial owners of such securities, except to the extent of their pecuniary interest therein, if any, by virtue of their direct and indirect general partner interests in the Funds.
F3 Following the sale on November 8, 2024, BVP X Inst held 10,104,447 shares of Common Stock and BVP X held 10,763,885 shares of Common Stock.
F4 On November 11, 2024, BVP X Inst and BVP X sold 622,736 and 663,885 shares of Common Stock of Rigetti Computing, Inc., respectively, at a weighted average price of $1.50. These shares were sold in multiple transactions at prices ranging from $1.43 to $1.53. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F5 Following the sale on November 11, 2024, BVP X Inst held 9,481,711 shares of Common Stock and BVP X held 10,100,507 shares of Common Stock.