Claire McDonough - 16 Aug 2022 Form 4 Insider Report for Rivian Automotive, Inc. / DE (RIVN)

Signature
/s/ Neil Sitron, Attorney-in-Fact
Issuer symbol
RIVN
Transactions as of
16 Aug 2022
Net transactions value
$0
Form type
4
Filing time
17 Aug 2022, 16:35:10 UTC
Previous filing
24 May 2022
Next filing
17 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RIVN Class A Common Stock Award $0 +79,873 +2651% $0.000000 82,886 16 Aug 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
transaction RIVN Stock Option Award $0 +159,746 $0.000000 159,746 16 Aug 2022 Class A Common Stock 159,746 $38.23 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of 79,873 restricted stock units ("RSUs") which will vest on each of the next sixteen quarterly anniversaries after August 15, 2022. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock and has no expiration date.
F2 The stock option will vest annually as to 25% of the underlying shares over the next four anniversaries of August 8, 2022.