Jiten Behl - May 20, 2022 Form 4 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
May 20, 2022
Transactions value $
$15,757
Form type
4
Date filed
5/24/2022, 07:37 PM
Previous filing
May 18, 2022
Next filing
Aug 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RIVN Class A Common Stock Award $15.8K +641 +2.47% $24.58 26.5K May 20, 2022 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person is voluntarily reporting the acquisition of shares of the Issuer's Class A Common Stock pursuant to the Rivian Automotive, Inc. 2021 Employee Stock Purchase Plan (the "ESPP") for the purchase period of November 10, 2021 through May 20, 2022 (the "Offering Period"). The acquisition of those 641 shares was also exempt pursuant to Rule 16b-3(c).
F2 The Offering Period ended on May 20, 2022, and the shares were acquired on the last business day of the Offering Period.
F3 In accordance with the ESPP, these shares were purchased at a price that represented 85% of the closing price of the Issuer's Class A Common Stock on May 20, 2022.
F4 Includes 17,500 RSUs subject to time-based vesting conditions in accordance with the underlying award. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock and has no expiration date.