Richard Danis - Dec 20, 2022 Form 4 Insider Report for Rigetti Computing, Inc. (RGTI)

Role
General Counsel & Corp. Sec.
Signature
/s/ Rick Danis
Stock symbol
RGTI
Transactions as of
Dec 20, 2022
Transactions value $
$51,500
Form type
4
Date filed
12/22/2022, 03:07 PM
Previous filing
Dec 14, 2022
Next filing
Mar 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RGTI Common Stock Options Exercise $27.4K +101K +16.63% $0.27 707K Dec 20, 2022 Direct
transaction RGTI Common Stock Options Exercise $11.2K +41.3K +5.84% $0.27 748K Dec 20, 2022 Direct
transaction RGTI Common Stock Options Exercise $12.8K +47.2K +6.31% $0.27 796K Dec 20, 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RGTI Employee Stock Option (right to buy) Options Exercise $0 -101K -41.01% $0.00 145K Dec 20, 2022 Common Stock 101K $0.27 Direct F1
transaction RGTI Employee Stock Option (right to buy) Options Exercise $0 -41.3K -58.33% $0.00 29.5K Dec 20, 2022 Common Stock 41.3K $0.27 Direct F2
transaction RGTI Employee Stock Option (right to buy) Options Exercise $0 -47.2K -66.67% $0.00 23.6K Dec 20, 2022 Common Stock 47.2K $0.27 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 14.44808% of this option vested and became exercisable on July 23, 2020, with the remainder vesting in 48 equal monthly installments thereafter, subject to the Reporting Person's continuous service with the Issuer on each such date.
F2 This option shall vest and become exercisable in equal monthly installments over a period of four years commencing August 15, 2020, subject to the Reporting Person's continuous service with the Issuer on each such date.
F3 20% of this option vested and became exercisable on July 23, 2020, with the remainder vesting in 48 equal monthly installments thereafter, subject to the Reporting Person's continuous service with the Issuer on each such date.