David Rivas - Mar 18, 2024 Form 4 Insider Report for Rigetti Computing, Inc. (RGTI)

Signature
/s/ Rick Danis, Attorney-in-Fact
Stock symbol
RGTI
Transactions as of
Mar 18, 2024
Transactions value $
-$18,268
Form type
4
Date filed
3/18/2024, 05:41 PM
Previous filing
Nov 17, 2023
Next filing
May 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RGTI Common Stock Sale -$18.3K -9.27K -1.04% $1.97 880K Mar 18, 2024 Direct F1, F2
transaction RGTI Common Stock Award $0 +500K +56.79% $0.00 1.38M Mar 18, 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 represent nondiscretionary sales of shares required to be sold by the Reporting Person pursuant to sell to cover transactions to satisfy tax withholding obligations in connection with the settlement of restricted stock units ("RSUs").
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.945 to $2.045 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 Represents an RSU award. One-twenty fourth (1/24th) of the total number of RSUs (rounded down, except for the final scheduled vesting installment) will vest on the 20th day of each month commencing in April 2024, subject to the Reporting Person's continuous service with the Issuer through each such vesting date.