Bessemer Venture Partners X L.P. - Nov 14, 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 14, 2024
Transactions value $
-$1,081,118
Form type
4
Date filed
11/18/2024, 08:59 PM
Previous filing
Nov 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RGTI COMMON STOCK Sale -$946K -580K -2.96% $1.63 19M Nov 14, 2024 SEE FOOTNOTES F1, F2, F3
transaction RGTI COMMON STOCK Sale -$136K -86.9K -0.46% $1.56 18.9M Nov 15, 2024 SEE FOOTNOTES F2, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Bessemer Venture Partners X L.P. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On November 14, 2024, Bessemer Venture Partners X Institutional L.P. ("BVP X Inst") and Bessemer Venture Partners X L.P. ("BVP X") sold 299,229 and 280,896 shares of Common Stock of Rigetti Computing, Inc., respectively, at a weighted average price of $1.63. These shares were sold in multiple transactions at prices ranging from $1.50 to $1.70. 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 14, 2024, BVP X Inst held 9,200,815 shares of Common Stock and BVP X held 9,801,278 shares of Common Stock.
F4 On November 15, 2024, BVP X Inst and BVP X sold 42,061 and 44,807 shares of Common Stock of Rigetti Computing, Inc., respectively, at a weighted average price of $1.56. These shares were sold in multiple transactions at prices ranging from $1.50 to $1.60. 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 15, 2024, BVP X Inst held 9,158,754 shares of Common Stock and BVP X held 9,756,471 shares of Common Stock.