Richard Danis - Mar 30, 2023 Form 4 Insider Report for Rigetti Computing, Inc. (RGTI)

Signature
/s/ Rick Danis
Stock symbol
RGTI
Transactions as of
Mar 30, 2023
Transactions value $
-$28,488
Form type
4
Date filed
3/31/2023, 08:13 PM
Previous filing
Dec 22, 2022
Next filing
May 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RGTI Common Stock Sale -$28.5K -50.9K -6.39% $0.56 745K Mar 30, 2023 Direct F1, F2
transaction RGTI Common Stock Award $0 +455K +61.04% $0.00 1.2M Mar 30, 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 represent nondiscretionary sales of shares required to be sold by the Reporting Person pursuant to sell to cover transactions to satisfy tax withholding obligations in connection with the settlement of restricted stock units ("RSUs").
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.55 to $0.5749 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 Represents an RSU award. One-twelfth (1/12th) of the total number of RSUs (rounded down, except for the final scheduled vesting installment) will vest on the 20th day of each month commencing on February 20, 2023. All vesting is subject to the Reporting Person's continuous service with the Issuer on each such date.