Karen Boone - 20 Jul 2022 Form 4 Insider Report for Rivian Automotive, Inc. / DE (RIVN)

Role
Director
Signature
/s/ Neil Sitron, Attorney-in-Fact
Issuer symbol
RIVN
Transactions as of
20 Jul 2022
Net transactions value
$0
Form type
4
Filing time
22 Jul 2022, 16:33:36 UTC
Previous filing
08 Jun 2022
Next filing
24 Oct 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RIVN Class A Common Stock Award $0 +965 +3.2% $0.000000 30,876 20 Jul 2022 Direct F1
holding RIVN Class A Common Stock 65,000 20 Jul 2022 See footnote F2
holding RIVN Class A Common Stock 65,000 20 Jul 2022 See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of 965 restricted stock units, which vested on July 20, 2022. The Reporting Person has elected to defer the issuance of the shares of the Issuer's Class A Common Stock underlying the restricted stock units until the Reporting Person's termination of service as a director of the Issuer. The restricted stock units will settle in shares of the Issuer's Class A Common Stock upon such termination of service.
F2 By The Andrew J. Boone 2021 Grantor Retained Annuity Trust under Irrevocable Trust Agreement dated September 24, 2021.
F3 By The Karen L. Boone 2021 Grantor Retained Annuity Trust under Irrevocable Trust Agreement dated September 24, 2021.