Richard Danis - Aug 15, 2023 Form 4 Insider Report for Rigetti Computing, Inc. (RGTI)

Role
General Counsel & Corp. Sec.
Signature
/s/ Rick Danis
Stock symbol
RGTI
Transactions as of
Aug 15, 2023
Transactions value $
-$76,560
Form type
4
Date filed
8/17/2023, 04:08 PM
Previous filing
May 18, 2023
Next filing
Nov 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RGTI Common Stock Sale -$76.6K -40.1K -3.41% $1.91 1.14M Aug 17, 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
transaction RGTI Employee Stock Option (right to buy) Award $0 +334K $0.00 334K Aug 15, 2023 Common Stock 334K $2.24 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.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.84 to $1.99 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 One-forty-eighth (1/48th) of these stock options (rounded down, except for the final scheduled vesting installment) vest and become exercisable on the 20th day of each calendar month commencing in June 2023, subject to the Reporting Person's continuous service with the Issuer through each such vesting date.