Jeff Baker - Nov 15, 2022 Form 4 Insider Report for Rivian Automotive, Inc. / DE (RIVN)

Role: Chief Accounting Officer
Signature: /s/ Claire McDonough, Attorney-in-Fact
Stock symbol: RIVN
Transactions as of: Nov 15, 2022
Transactions value $: -$58,068
Form type: 4
Date filed: 11/17/2022, 05:49 PM
Previous filing: Sep 30, 2022
Next filing: Feb 17, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RIVN	Class A Common Stock	Sale	-$58.1K	-1.69K	-1.86%	$34.38	89.3K	Nov 15, 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The sale reported in this transaction represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of Restricted Stock Units ("RSUs"). This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations in connection with the vesting of RSUs to be funded by a "sell to cover" transaction, and does not represent a discretionary trade by the Reporting Person.

Content

The sale reported in this transaction represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of Restricted Stock Units ("RSUs"). This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations in connection with the vesting of RSUs to be funded by a "sell to cover" transaction, and does not represent a discretionary trade by the Reporting Person.