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 |
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. |