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

Role
Chief Executive Officer, Director
Signature
/s/ Claire McDonough, Attorney-in-fact
Issuer symbol
RIVN
Transactions as of
25 Aug 2023
Net transactions value
$0
Form type
4
Filing time
29 Aug 2023, 17:08:56 UTC
Previous filing
18 May 2023
Next filing
20 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RIVN Class A Common Stock Award $0 +302,176 +172% $0.000000 478,296 25 Aug 2023 Direct F1
holding RIVN Class A Common Stock 2,632,766 25 Aug 2023 By Trust
holding RIVN Class A Common Stock 4,595 25 Aug 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 +604,352 $0.000000 604,352 25 Aug 2023 Class A Common Stock 604,352 $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.