Charles Kissner - 08 Mar 2022 Form 4 Insider Report for RAMBUS INC (RMBS)

Role: Director
Signature: /s/ Keith Jones by power of attorney
Issuer symbol: RMBS
Transactions as of: 08 Mar 2022
Net transactions value: -$956,760
Form type: 4
Filing time: 10 Mar 2022, 10:24:26 UTC
Next filing: 04 Apr 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RMBS	Common Stock	Options Exercise	$165,200	+40,000	+178%	$4.13^*	62,465	08 Mar 2022	Direct
transaction	RMBS	Common Stock	Sale	$1,121,960	-40,000	-64%	$28.05	22,465	08 Mar 2022	Direct	F1
holding	RMBS	Common Stock						68,421	08 Mar 2022	See Footnote	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	RMBS	Employee stock option (right to buy)	Options Exercise	$0	-40,000	-100%	$0.000000^*	0	08 Mar 2022	Common Stock	40,000	$4.13	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.85 to $28.50, inclusive. 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.
F2	The shares are held directly by Kissner and Associates LLC for which the Reporting Person serves as the owner of the company.
F3	The option award vests as to 12.5% of the granted shares on February 1, 2013, and the remaining shares vest monthly thereafter until fully vested on August 1, 2016.