Claire McDonough - May 20, 2022 Form 4 Insider Report for Rivian Automotive, Inc. / DE (RIVN)

Signature
/s/ Neil Sitron, Attorney-in-Fact
Stock symbol
RIVN
Transactions as of
May 20, 2022
Transactions value $
$13,840
Form type
4
Date filed
5/24/2022, 07:38 PM
Previous filing
Nov 17, 2021
Next filing
Aug 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RIVN Class A Common Stock Award $13.8K +563 +22.98% $24.58 3.01K May 20, 2022 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person is voluntarily reporting the acquisition of shares of the Issuer's Class A Common Stock pursuant to the Rivian Automotive, Inc. 2021 Employee Stock Purchase Plan (the "ESPP") for the purchase period of November 10, 2021 through May 20, 2022 (the "Offering Period"). The acquisition of those 563 shares was also exempt pursuant to Rule 16b-3(c).
F2 The Offering Period ended on May 20, 2022, and the shares were acquired on the last business day of the Offering Period.
F3 In accordance with the ESPP, these shares were purchased at a price that represented 85% of the closing price of the Issuer's Class A Common Stock on May 20, 2022.