Jeff Baker - 19 May 2023 Form 4 Insider Report for Rivian Automotive, Inc. / DE (RIVN)

Signature
/s/ Claire McDonough, Attorney-in-Fact
Issuer symbol
RIVN
Transactions as of
19 May 2023
Net transactions value
+$10,064
Form type
4
Filing time
23 May 2023, 19:00:08 UTC
Previous filing
17 May 2023
Next filing
02 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RIVN Class A Common Stock Award $10,064 +879 +0.65% $11.45 137,002 19 May 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person is voluntarily reporting the acquisition of shares of the Issuer's Class A Common Stock pursuant to the Rivian Automotive, Inc. 2021 Employee Stock Purchase Plan (the "ESPP") for the purchase period of November 21, 2022 through May 19, 2023 (the "Offering Period"). The acquisition of those 879 shares was also exempt pursuant to Rule 16b-3(c).
F2 The Offering Period ended on May 19, 2023, and the shares were acquired on the last business day of the Offering Period.
F3 In accordance with the ESPP, these shares were purchased at a price that represented 85% of the closing price of the Issuer's Class A Common Stock on May 19, 2023.