Robert J. Scaringe - 01 Mar 2024 Form 4 Insider Report for Rivian Automotive, Inc. / DE (RIVN)

Signature
/s/ Jamie Chung, Attorney-in-Fact
Issuer symbol
RIVN
Transactions as of
01 Mar 2024
Net transactions value
-$99,061
Form type
4
Filing time
05 Mar 2024, 20:52:47 UTC
Previous filing
20 Feb 2024
Next filing
15 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RIVN Class A Common Stock Award $0 +24,524 +5.2% $0.000000 496,043 01 Mar 2024 Direct F1
transaction RIVN Class A Common Stock Tax liability $99,061 -8,751 -1.8% $11.32 487,292 01 Mar 2024 Direct F2, F3
holding RIVN Class A Common Stock 4,595 01 Mar 2024 By LLC
holding RIVN Class A Common Stock 2,632,766 01 Mar 2024 By Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of 24,524 restricted stock units ("RSUs") which vested on March 1, 2024.
F2 8,751 shares of Class A Common Stock were withheld by the Company for the purposes of satisfying tax withholding obligations in connection with such RSUs vesting.
F3 The closing price of the Company's Class A Common Stock on February 29, 2024.