Jeff Baker - Nov 15, 2023 Form 4 Insider Report for Rivian Automotive, Inc. / DE (RIVN)

Role
Chief Accounting Officer
Signature
/s/ Jamie Chung, Attorney-in-fact
Stock symbol
RIVN
Transactions as of
Nov 15, 2023
Transactions value $
-$65,876
Form type
4
Date filed
11/17/2023, 08:00 PM
Previous filing
Aug 17, 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 Tax liability -$65.9K -3.9K -3.72% $16.90 101K Nov 15, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 3,898 shares of Class A Common Stock were withheld by the Company for the purposes of satisfying tax withholding obligations in connection with the vesting of 11,264 Restricted Stock Units on November 15, 2023.
F2 The closing price of the Company's Class A Common Stock on November 14, 2023.
F3 The shares of Class A Common Stock beneficially owned by the Reporting Person following the transaction reported on this Form 4 are subject to a lock-up agreement (the "Lock-Up Agreement") between the Reporting Person and Morgan Stanley & Co. LLC, Goldman Sachs & Co. LLC, and J.P. Morgan Securities LLC, dated October 5, 2023 (the "Lock-up Date") pursuant to which the shares of Class A Common Stock reported herein cannot be sold for 60 days following the Lock-up Date, subject to certain enumerated exceptions in the Lock-Up Agreement.