Robert J. Scaringe - Aug 25, 2023 Form 4 Insider Report for Rivian Automotive, Inc. / DE (RIVN)

Role: Chief Executive Officer, Director
Signature: /s/ Claire McDonough, Attorney-in-fact
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: May 18, 2023
Next filing: Feb 20, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RIVN	Class A Common Stock	Award	$0	+302K	+171.57%	$0.00	478K	Aug 25, 2023	Direct	F1
holding	RIVN	Class A Common Stock						2.63M	Aug 25, 2023	By Trust
holding	RIVN	Class A Common Stock						4.6K	Aug 25, 2023	By LLC

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	+604K		$0.00	604K	Aug 25, 2023	Class A Common Stock	604K	$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 302,176 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.