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

Role
Chief Commercial Officer
Signature
/s/ Jamie Chung, Attorney-in-fact
Stock symbol
RIVN
Transactions as of
Oct 20, 2023
Transactions value $
$0
Form type
4
Date filed
10/20/2023, 09:00 PM
Previous filing
Sep 8, 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 Award $0 +435K $0.00 435K Oct 20, 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 +261K $0.00 261K Oct 20, 2023 Class A Common Stock 261K $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.