David Rivas - Feb 9, 2023 Form 3 Insider Report for Rigetti Computing, Inc. (RGTI)

Signature
/s/ Rick Danis, Attorney-in-Fact
Stock symbol
RGTI
Transactions as of
Feb 9, 2023
Transactions value $
$0
Form type
3
Date filed
2/17/2023, 04:47 PM
Previous filing
Mar 11, 2022
Next filing
Mar 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RGTI Common Stock 329K Feb 9, 2023 Direct F1, F2

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
holding RGTI Employee Stock Option (right to buy) Feb 9, 2023 Common Stock 285K $0.27 Direct F2, F3
holding RGTI Employee Stock Option (right to buy) Feb 9, 2023 Common Stock 393 $0.27 Direct F2, F4
holding RGTI Employee Stock Option (right to buy) Feb 9, 2023 Common Stock 3.54K $0.27 Direct F2, F4
holding RGTI Employee Stock Option (right to buy) Feb 9, 2023 Common Stock 94.4K $0.27 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares issued pursuant to restricted stock unit ("RSU") grants. 84,905 RSUs vested or shall vest in equal monthly installments over a period of four years commencing May 21, 2021. 48,539 RSUs vested or shall vest (i) 50% in 12 equal monthly installments on the last day of each month commencing February 28, 2022 and (ii) 50% vested or shall vest in 48 equal monthly installments on the last day of each month commencing February 28, 2022. 38,757 RSUs vested or shall vest in equal monthly installments over a period of four years commencing March 31, 2022. 70,711 RSUs vested or shall vest (i) 50% in 12 equal monthly installments on the last day of each month commencing March 31, 2022 and (ii) 50% vested or shall vest in 48 equal monthly installments on the last day of each month commencing March 31, 2022.
F2 The Reporting Person previously served as an executive officer of the Issuer from March 2, 2022 to March 18, 2022, the date the Reporting Person ceased to be an executive officer and subject to Section 16 of the Securities Exchange Act of 1934. The Reporting Person has since been appointed to serve as the Chief Technology Officer of the Issuer and became an executive officer subject to Section 16 reporting, effective as of February 9, 2023. The securities reported herein were acquired by the Reporting Person prior to February 9, 2023.
F3 6.99993% of this option vested and became exercisable as of February 18, 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.
F4 This option is fully vested and exercisable.
F5 20% of this option vested and became exercisable on March 4, 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.

Remarks:

Exhibit List - Exhibit 24 - Power of Attorney