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

Role
General Counsel & Corp. Sec.
Signature
/s/ Rick Danis
Issuer symbol
RGTI
Transactions as of
20 Dec 2022
Net transactions value
+$51,500
Form type
4
Filing time
22 Dec 2022, 15:07:29 UTC
Previous filing
14 Dec 2022
Next filing
31 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RGTI Common Stock Options Exercise $27,418 +100,802 +17% $0.2720 707,026 20 Dec 2022 Direct
transaction RGTI Common Stock Options Exercise $11,238 +41,316 +5.8% $0.2720 748,342 20 Dec 2022 Direct
transaction RGTI Common Stock Options Exercise $12,844 +47,219 +6.3% $0.2720 795,561 20 Dec 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 -100,802 -41% $0.000000 145,016 20 Dec 2022 Common Stock 100,802 $0.2720 Direct F1
transaction RGTI Employee Stock Option (right to buy) Options Exercise $0 -41,316 -58% $0.000000 29,513 20 Dec 2022 Common Stock 41,316 $0.2720 Direct F2
transaction RGTI Employee Stock Option (right to buy) Options Exercise $0 -47,219 -67% $0.000000 23,610 20 Dec 2022 Common Stock 47,219 $0.2720 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.