Harald Kroeger - 22 Aug 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: 22 Aug 2022
Net transactions value: $0
Form type: 4
Filing time: 24 Aug 2022, 17:14:34 UTC
Previous filing: 17 Aug 2022
Next filing: 24 Oct 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RIVN	Class A Common Stock	Award	$0	+14,643		$0.000000	14,643	22 Aug 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.

Content

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.