0001209191-22-030239.txt : 20220518
0001209191-22-030239.hdr.sgml : 20220518
20220518190319
ACCESSION NUMBER: 0001209191-22-030239
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220516
FILED AS OF DATE: 20220518
DATE AS OF CHANGE: 20220518
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Behl Jiten
CENTRAL INDEX KEY: 0001891532
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41042
FILM NUMBER: 22940773
MAIL ADDRESS:
STREET 1: C/O RIVIAN AUTOMOTIVE, INC.
STREET 2: 14600 MYFORD ROAD
CITY: IRVINE
STATE: CA
ZIP: 92618
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Rivian Automotive, Inc. / DE
CENTRAL INDEX KEY: 0001874178
STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLES & PASSENGER CAR BODIES [3711]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 14600 MYFORD ROAD
CITY: IRVINE
STATE: CA
ZIP: 92618
BUSINESS PHONE: (888) 748-4261
MAIL ADDRESS:
STREET 1: 14600 MYFORD ROAD
CITY: IRVINE
STATE: CA
ZIP: 92618
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2022-05-16
0
0001874178
Rivian Automotive, Inc. / DE
RIVN
0001891532
Behl Jiten
C/O RIVIAN AUTOMOTIVE, INC.
IRVINE
CA
92606
0
1
0
0
Chief Growth Officer
Class A Common Stock
2022-05-16
4
S
0
892
25.5612
D
27508
D
Class A Common Stock
2022-05-17
4
S
0
1608
25.83
D
25900
D
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.
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.
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.
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.
/s/ Neil Sitron, Attorney-in-Fact
2022-05-18