Jiten Behl - Nov 9, 2021 Form 3 Insider Report for Rivian Automotive, Inc. / DE (RIVN)

Role
Chief Growth Officer
Signature
/s/ Neil Sitron, Attorney-in-Fact
Stock symbol
RIVN
Transactions as of
Nov 9, 2021
Transactions value $
$0
Form type
3
Date filed
11/9/2021, 08:20 PM
Previous filing
Nov 17, 2021
Next filing
May 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RIVN Class A Common Stock 20K Nov 9, 2021 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
holding RIVN Stock Option Nov 9, 2021 Class A Common Stock 125K $2.85 Direct F2
holding RIVN Stock Option Nov 9, 2021 Class A Common Stock 37.5K $2.85 Direct F3
holding RIVN Stock Option Nov 9, 2021 Class A Common Stock 12.5K $2.85 Direct F4
holding RIVN Stock Option Nov 9, 2021 Class A Common Stock 25K $2.85 Direct F5
holding RIVN Stock Option Nov 9, 2021 Class A Common Stock 240K $38.86 Direct F6
holding RIVN Stock Option Nov 9, 2021 Class A Common Stock 250K $3.36 Direct F7
holding RIVN Stock Option Nov 9, 2021 Class A Common Stock 250K $3.36 Direct F8
holding RIVN Stock Option Nov 9, 2021 Class A Common Stock 125K $7.68 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of 20,000 restricted stock units subject to time-based vesting conditions in accordance with the underlying award. Each restricted stock unit 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 is fully vested and exercisable.
F3 The stock option is fully vested and exercisable.
F4 The stock option is fully vested and exercisable.
F5 The stock option is fully vested and exercisable.
F6 The stock option vests in 4 substantially equal annual installments beginning on the first anniversary of August 23, 2021.
F7 The stock option is vested as to 50% of the underlying shares and the remaining shares will vest as to 25% of the underlying shares on each of July 18, 2022 and July 18, 2023.
F8 The stock option vests upon the completion of the 5,000th production vehicles by the Issuer and its subsidiaries.
F9 The stock option vests in 4 substantially equal annual installments beginning on the first anniversary of December 16, 2020.

Remarks:

Exhibit 24 - Power of Attorney.