Michael S. Clifton - Jun 10, 2022 Form 4 Insider Report for Rigetti Computing, Inc. (RGTI)

Role: Director
Signature: /s/ Rick Danis, Attorney-in-Fact
Stock symbol: RGTI
Transactions as of: Jun 10, 2022
Transactions value $: $0
Form type: 4
Date filed: 6/14/2022, 09:41 PM
Previous filing: Mar 4, 2022
Next filing: Aug 18, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RGTI	Common Stock	Award	$0	+40.5K	+64.74%	$0.00	103K	Jun 10, 2022	Direct	F1
transaction	RGTI	Common Stock	Award	$0	+27K	+26.2%	$0.00	130K	Jun 10, 2022	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Represents restricted stock units ("RSUs") issued to the Reporting Person. The shares underlying the RSUs vest over a three-year period, with one-third vesting on each of June 10, 2023, June 10, 2024 and June 10, 2025, subject to the Reporting Person's continuous service with the Issuer as of the applicable vesting date.
F2	Represents an annual grant of RSUs for service as a director of the Issuer. The shares underlying the RSUs will vest in full on the earlier of (i) the date of the Issuer's 2023 annual meeting of the stockholders (or the date immediately prior to such annual meeting if the Reporting Person's service as a director ends at such annual meeting) or (ii) on June 10, 2023, each subject to the Reporting Person's continuous service with the Issuer as of the applicable vesting date.

Content

Represents restricted stock units ("RSUs") issued to the Reporting Person. The shares underlying the RSUs vest over a three-year period, with one-third vesting on each of June 10, 2023, June 10, 2024 and June 10, 2025, subject to the Reporting Person's continuous service with the Issuer as of the applicable vesting date.

Represents an annual grant of RSUs for service as a director of the Issuer. The shares underlying the RSUs will vest in full on the earlier of (i) the date of the Issuer's 2023 annual meeting of the stockholders (or the date immediately prior to such annual meeting if the Reporting Person's service as a director ends at such annual meeting) or (ii) on June 10, 2023, each subject to the Reporting Person's continuous service with the Issuer as of the applicable vesting date.