Karen Boone - Jun 21, 2023 Form 4 Insider Report for Rivian Automotive, Inc. / DE (RIVN)

Role
Director
Signature
/s/ Claire McDonough, Attorney-in-Fact
Stock symbol
RIVN
Transactions as of
Jun 21, 2023
Transactions value $
$0
Form type
4
Date filed
6/23/2023, 07:00 PM
Previous filing
Jun 8, 2023
Next filing
Jul 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RIVN Class A Common Stock Award $0 +18.2K +52.43% $0.00 52.9K Jun 21, 2023 Direct F1
holding RIVN Class A Common Stock 114K Jun 21, 2023 See footnote F2
holding RIVN Class A Common Stock 8.22K Jun 21, 2023 See footnote F3
holding RIVN Class A Common Stock 8.22K Jun 21, 2023 See footnote F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of 18,208 restricted stock units ("RSUs") which will vest on the first anniversary of the grant date. The Reporting Person has elected to defer the issuance of the shares of the Issuer's Class A Common Stock underlying the RSUs until the Reporting Person's termination of service as a director of the Issuer. The RSUs will settle in shares of the Issuer's Class A Common Stock upon such termination of service.
F2 By The Boone Family Trust dated August 6, 2015.
F3 By The Andrew J. Boone 2021 Grantor Retained Annuity Trust under Irrevocable Trust Agreement dated September 24, 2021.
F4 By The Karen L. Boone 2021 Grantor Retained Annuity Trust under Irrevocable Trust Agreement dated September 24, 2021.