4//SEC Filing
Scaringe Robert J 4
Accession 0001891517-25-000003
CIK 0001874178other
Filed
Jul 10, 8:00 PM ET
Accepted
Jul 11, 6:00 PM ET
Size
18.6 KB
Accession
0001891517-25-000003
Insider Transaction Report
Form 4
Scaringe Robert J
DirectorChief Executive Officer
Transactions
- Conversion
Class B Common Stock
2025-07-09−3,912,500→ 3,912,500 total(indirect: By LLC)Exercise: $0.00→ Class A Common Stock (3,912,500 underlying) - Other
Stock Option
2025-07-09−3,642,631→ 3,642,631 totalExercise: $2.63Exp: 2029-03-15→ Class A Common Stock (3,642,631 underlying) - Other
Stock Option
2025-07-09−1,863,133→ 25,278,128 totalExercise: $21.72Exp: 2031-01-19→ Class A Common Stock (1,863,133 underlying) - Conversion
Class A Common Stock
2025-07-09+3,912,500→ 3,917,095 total(indirect: By LLC) - Other
Stock Option
2025-07-09−500,000→ 500,000 totalExercise: $3.36Exp: 2029-07-08→ Class A Common Stock (500,000 underlying) - Other
Class A Common Stock
2025-07-09−88,061→ 1,395,050 total - Other
Class A Common Stock
2025-07-09−3,914,798→ 2,297 total(indirect: By LLC)
Holdings
- 2,632,766(indirect: By Trust)
Class A Common Stock
Footnotes (5)
- [F1]Represents securities transferred to the Reporting Person's former spouse pursuant to a divorce settlement. The securities owned by the former spouse are not beneficially owned by the Reporting Person.
- [F2]Upon transfer to the Reporting Person's former spouse, the shares of Class B Common Stock automatically converted into shares of the Issuer's Class A Common Stock.
- [F3]The Class B Common Stock is convertible at any time at the option of the holder into the Issuer's Class A Common Stock on a one-to-one basis. The Class B Common Stock will automatically convert into shares of the Issuer's Class A Common Stock on a one-to-one basis upon the earliest of (a) a date fixed by the Issuer's board of directors that is not less than 60 days nor more than 180 days following the death or disability of the Reporting Person, (b) the five year anniversary of the date of the closing of the Issuer's initial public offering ("IPO") and (c) the date fixed by the Issuer's board of directors that is no less than 61 days and no more than 180 days following the date that the number of outstanding shares of Class B Common Stock represents less than 30% of the shares of Class B Common Stock outstanding immediately following the IPO.
- [F4]The stock option is fully vested and exercisable.
- [F5]The stock option grant has vested, or will vest, with respect to the original grant relating to 27,141,261 shares of Class Common Stock, as to (i) 6,785,315 shares underlying the stock option in 6 substantially equal annual installments beginning on the first anniversary of the Issuer's IPO and (ii) 20,355,946 shares underlying the stock option based on the per share price of the Issuer's Class A Common Stock exceeding various thresholds.
Documents
Issuer
Rivian Automotive, Inc. / DE
CIK 0001874178
Entity typeother
Related Parties
1- filerCIK 0001891517
Filing Metadata
- Form type
- 4
- Filed
- Jul 10, 8:00 PM ET
- Accepted
- Jul 11, 6:00 PM ET
- Size
- 18.6 KB