Richard Danis - Jun 10, 2022 Form 4 Insider Report for Rigetti Computing, Inc. (RGTI)

Role
General Counsel and Corp. Sec.
Signature
/s/ Rick Danis
Stock symbol
RGTI
Transactions as of
Jun 10, 2022
Transactions value $
-$25,331
Form type
4
Date filed
6/14/2022, 09:32 PM
Previous filing
Mar 11, 2022
Next filing
Jun 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RGTI Common Stock Award $0 +165K +63.11% $0.00 426K Jun 10, 2022 Direct F1
transaction RGTI Common Stock Award $0 +103K +24.15% $0.00 528K Jun 10, 2022 Direct F2
transaction RGTI Common Stock Award $0 +25K +4.73% $0.00 553K Jun 10, 2022 Direct
transaction RGTI Common Stock Sale -$25.3K -5.72K -1.03% $4.43 548K Jun 14, 2022 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a restricted stock unit ("RSU") award. RSUs vest in accordance with the following schedule: (i) 50% in 12 equal monthly installments on the last day of each month commencing March 31, 2022 and (ii) 50% shall vest in 48 equal monthly installments on the last day of each month commencing March 31, 2022. All vesting is subject to the Reporting Person's continuous service with the Issuer on each such date.
F2 Represents an RSU award. The RSUs vest in 48 equal monthly installments commencing March 31, 2022. All vesting is subject to the Reporting Person's continuous service with the Issuer on each such date.
F3 The sales reported in this Form 4 represent nondiscretionary sales of shares required to be sold by the Reporting Person pursuant to sell to cover transactions to satisfy tax withholding obligations in connection with the settlement of RSUs.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.27 to $4.70 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 within the range set forth in this footnote.