Danis Richard 4
4 · Rigetti Computing, Inc. · Filed May 14, 2024
Insider Transaction Report
Form 4
Danis Richard
General Counsel and Corp. Sec.
Transactions
- Award
Employee Stock Option (right to buy)
2024-05-14+348,600→ 348,600 totalExercise: $1.32Exp: 2034-05-13→ Common Stock (348,600 underlying) - Sale
Common Stock
2024-05-14$1.34/sh−3,804$5,097→ 1,048,337 total
Footnotes (3)
- [F1]The sales reported in this Form 4 represent nondiscretionary sales of shares required to be sold by the Reporting Person pursuant to sell to cover transactions to satisfy tax withholding obligations in connection with the settlement of restricted stock units.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.335 to $1.345 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]One-forty-eighth (1/48th) of these stock options (rounded down, except for the final scheduled vesting installment) vest and become exercisable on the 20th day of each calendar month commencing in June 2024, subject to the Reporting Person's continuous service with the Issuer through each such vesting date.