Harald Kroeger - 20 Dec 2022 Form 4 Insider Report for Rivian Automotive, Inc. / DE (RIVN)

Role
Director
Signature
/s/ Claire McDonough, Attorney-in-Fact
Issuer symbol
RIVN
Transactions as of
20 Dec 2022
Net transactions value
-$38,200
Form type
4
Filing time
21 Dec 2022, 15:30:17 UTC
Previous 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 Disposed to Issuer $0 -9,074 -61% $0.000000 5,775 20 Dec 2022 Direct F1
transaction RIVN Class A Common Stock Tax liability $38,200 -1,734 -30% $22.03 4,041 20 Dec 2022 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Harald Kroeger is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 As a result of Mr. Kroeger's resignation as a member of the Board of Directors of Rivian Automotive, Inc. (the "Company") on December 20, 2022 (i) 9,074 unvested Restricted Stock Units ("RSUs") previously granted were forfeited and (ii) 5,775 vested RSUs were settled, pursuant to the prior election of Mr. Kroeger to defer such RSU settlement until his termination of service as a director.
F2 1,734 shares of Class A Common Stock were withheld by the Company for the purposes of satisfying tax withholding obligations in connection with the 5,775 RSUs being settled.
F3 The closing price of the Company's Class A Common Stock on December 19, 2022.