Filing Details

Accession Number:
0001209191-23-055915
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-11-17 20:00:15
Reporting Period:
2023-11-15
Accepted Time:
2023-11-17 20:00:15
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
1890925 Claire Mcdonough C/O Rivian Automotive, Inc.
14600 Myford Road
Irvine CA 92606
Chief Financial 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 2023-11-15 1,727 $16.90 176,295 No 4 F Direct
Class A Common Stock Disposition 2023-11-16 3,265 $17.08 173,030 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 F Direct
No 4 S Direct
Footnotes
  1. 1,727 shares of Class A Common Stock were withheld by the Company for the purposes of satisfying tax withholding obligations in connection with the vesting of 4,992 Restricted Stock Units on November 15, 2023.
  2. The closing price of the Company's Class A Common Stock on November 14, 2023.
  3. The shares of Class A Common Stock beneficially owned by the Reporting Person following the transactions reported on this Form 4 are subject to a lock-up agreement (the "Lock-Up Agreement") between the Reporting Person and Morgan Stanley & Co. LLC, Goldman Sachs & Co. LLC, and J.P. Morgan Securities LLC, dated October 5, 2023 (the "Lock-up Date") pursuant to which the shares of Class A Common Stock reported herein cannot be sold for 60 days following the Lock-up Date, subject to certain enumerated exceptions in the Lock-Up Agreement.
  4. The sale reported in this transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 14, 2023. The sale was made under an exception to the restrictions under the Lock-Up Agreement for an "Existing Trading Plan" (as defined therein).