Johnson Ray O. - 02 Mar 2022 Form 3 Insider Report for Rigetti Computing, Inc. (RGTI)

Role
Director
Signature
/s/ Rick Danis, Attorney-in-Fact
Issuer symbol
RGTI
Transactions as of
02 Mar 2022
Net transactions value
$0
Form type
3
Filing time
11 Mar 2022, 16:12:35 UTC
Next filing
14 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RGTI Common Stock 22,787 02 Mar 2022 Direct F1

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
holding RGTI Stock Option (right to buy) 02 Mar 2022 Common Stock 98,373 $0.2720 Direct F1, F2
holding RGTI Stock Option (right to buy) 02 Mar 2022 Common Stock 196,747 $0.2720 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The securities reported herein were acquired by the Reporting Person prior to the Reporting Person joining the board of directors of the Issuer. The Reporting Person was elected as a member of the board of directors of the Issuer effective immediately after the effective time of the Second Merger as defined in that Agreement and Plan of Merger, dated as of October 6, 2021, as amended on December 23, 2021 and January 10, 2022 (the "Merger Agreement"), by and among the Issuer, Supernova Merger Sub, Inc., Supernova Romeo Merger Sub, LLC, and Rigetti Holdings, Inc.
F2 10% of this option vested and became exercisable on July 10, 2020, with the remainder vesting over a period of 48 months thereafter, subject to the Reporting Person's continuous service with the Issuer on each such date.
F3 12.9168% of this option vested and became exercisable on July 10, 2020, with the remainder vesting in 48 equal monthly installments thereafter, subject to the Reporting Person's continuous service with the Issuer on each such date.

Remarks:

Exhibit List - Exhibit 24 - Power of Attorney