Michael S. Clifton - 16 Aug 2022 Form 4 Insider Report for Rigetti Computing, Inc. (RGTI)

Role
Director
Signature
/s/ Rick Danis, Attorney-in-Fact
Issuer symbol
RGTI
Transactions as of
16 Aug 2022
Net transactions value
$0
Form type
4
Filing time
18 Aug 2022, 16:18:41 UTC
Previous filing
14 Jun 2022
Next filing
20 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RGTI Common Stock Other $0 +1,052,250 +810% $0.000000 1,182,186 16 Aug 2022 Direct F1, F2

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 RGTI Warrant (right to buy) Other $0 +556,250 $0.000000 556,250 16 Aug 2022 Common Stock 556,250 $11.50 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a pro rata distribution without additional consideration to the Reporting Person from Supernova Partners II LLC.
F2 Includes 309,875 shares that will vest if, during the five year period following March 2, 2022 (the "Closing"), the volume weighted average price of the Issuer's common stock equals or exceeds $12.50 for any twenty trading days within a period of thirty consecutive trading days, and (ii) 72,534 shares that will vest if, during the five year period following the Closing, the volume weighted average price of common stock equals or exceeds $15.00 for any twenty trading days within a period of thirty consecutive trading days. Any such shares that remain unvested after the fifth anniversary of the Closing will be forfeited.
F3 Fully vested and exercisable.