Harald Kroeger - Aug 22, 2022 Form 4 Insider Report for Rivian Automotive, Inc. / DE (RIVN)

Role
Director
Signature
/s/ Neil Sitron, Attorney-in-Fact
Stock symbol
RIVN
Transactions as of
Aug 22, 2022
Transactions value $
$0
Form type
4
Date filed
8/24/2022, 05:14 PM
Previous filing
Aug 17, 2022
Next filing
Oct 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RIVN Class A Common Stock Award $0 +14.6K $0.00 14.6K Aug 22, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of (i) 6,656 restricted stock units ("RSUs") which will vest on June 12, 2023, the anniversary of the Issuer's 2022 annual meeting of stockholders and (ii) 7,987 RSUs which will vest annually in equal installments on the next three anniversaries of August 15, 2022. The RSUs were granted pursuant to the Issuer's Non-Employee Director Compensation Program as previously disclosed in the Issuer's Form 8-K as filed with the SEC on August 11, 2022. The Reporting Person has elected to defer the issuance of the shares of the Issuer's Class A Common Stock underlying the RSUs until the Reporting Person's termination of service as a director of the Issuer. The RSUs will settle in shares of the Issuer's Class A Common Stock upon such termination of service.