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

Role: Chief Accounting Officer
Signature: /s/ Claire McDonough, Attorney-in-Fact
Issuer symbol: RIVN
Transactions as of: 15 Nov 2022
Net transactions value: -$58,068
Form type: 4
Filing time: 17 Nov 2022, 17:49:15 UTC
Previous filing: 30 Sep 2022
Next filing: 17 Feb 2023
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	Sale	$58,068	-1,689	-1.9%	$34.38	89,331	15 Nov 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.