Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RIVN | Class A Common Stock | Disposed to Issuer | $0 | -9.07K | -61.11% | $0.00 | 5.78K | Dec 20, 2022 | Direct | F1 |
transaction | RIVN | Class A Common Stock | Tax liability | -$38.2K | -1.73K | -30.03% | $22.03 | 4.04K | Dec 20, 2022 | Direct | F2, F3 |
Harald Kroeger is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
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. |