Claire McDonough - Aug 25, 2023 Form 4 Insider Report for Rivian Automotive, Inc. / DE (RIVN)

Signature
/s/ Claire McDonough
Stock symbol
RIVN
Transactions as of
Aug 25, 2023
Transactions value $
$0
Form type
4
Date filed
8/29/2023, 05:08 PM
Previous filing
Aug 17, 2023
Next filing
Sep 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RIVN Class A Common Stock Award $0 +101K +133.29% $0.00 176K Aug 25, 2023 Direct F1

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 RIVN Stock Option Award $0 +201K $0.00 201K Aug 25, 2023 Class A Common Stock 201K $20.07 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of 100,726 restricted stock units ("RSUs") which will vest on each of the next sixteen quarterly anniversaries after November 15, 2023. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock and has no expiration date.
F2 The stock option will vest annually as to 25% of the underlying shares over the next four anniversaries of August 25, 2023.