Filing Details

Accession Number:
0001209191-22-030239
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-05-18 19:03:19
Reporting Period:
2022-05-16
Accepted Time:
2022-05-18 19:03:19
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1874178 Rivian Automotive Inc. / De RIVN Motor Vehicles & Passenger Car Bodies (3711) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1891532 Jiten Behl C/O Rivian Automotive, Inc.
Irvine CA 92606
Chief Growth Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2022-05-16 892 $25.56 27,508 No 4 S Direct
Class A Common Stock Disposition 2022-05-17 1,608 $25.83 25,900 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
Footnotes
  1. The sale reported in this transaction represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of Restricted Stock Units ("RSUs"). This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations in connection with the vesting of RSUs to be funded by a "sell to cover" transaction, and does not represent a discretionary trade by the Reporting Person.
  2. The price reported is a weighted average sale price. The shares were sold in multiple transactions at prices ranging from $25.0238 to $25.5780, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  3. 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.
  4. The sale reported in this transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 3, 2021, as amended on March 15, 2022.