Kjell Gruner - 20 Oct 2023 Form 4 Insider Report for Rivian Automotive, Inc. / DE (RIVN)

Role: Chief Commercial Officer
Signature: /s/ Jamie Chung, Attorney-in-fact
Issuer symbol: RIVN
Transactions as of: 20 Oct 2023
Net transactions value: $0
Form type: 4
Filing time: 20 Oct 2023, 21:00:08 UTC
Previous filing: 08 Sep 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	+434,972		$0.000000	434,972	20 Oct 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	+260,984		$0.000000	260,984	20 Oct 2023	Class A Common Stock	260,984	$16.72	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 434,972 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 October 20, 2023.