AMAZON COM INC - 10 Nov 2021 Form 4 Insider Report for Rivian Automotive, Inc. / DE (RIVN)

Role
Director, 10%+ Owner
Signature
/s/ David A. Zapolsky, Senior Vice President
Issuer symbol
RIVN
Transactions as of
10 Nov 2021
Net transactions value
-$290,000,044
Form type
4
Filing time
12 Nov 2021, 15:11:47 UTC
Previous filing
09 Nov 2021
Next filing
23 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RIVN Class A Common Stock Conversion of derivative security +86,186,650 86,186,650 10 Nov 2021 See footnote F1, F2
transaction RIVN Class A Common Stock Conversion of derivative security +30,714,819 +36% 116,901,469 10 Nov 2021 See footnote F1, F2
transaction RIVN Class A Common Stock Conversion of derivative security +27,437,057 +23% 144,338,526 10 Nov 2021 See footnote F1, F2
transaction RIVN Class A Common Stock Conversion of derivative security +4,070,557 +2.8% 148,409,083 10 Nov 2021 See footnote F1, F2
transaction RIVN Class A Common Stock Conversion of derivative security +7,390,649 +5% 155,799,732 10 Nov 2021 See footnote F1, F4
transaction RIVN Class A Common Stock Award $199,999,956 +2,564,102 +1.6% $78.00 158,363,834 10 Nov 2021 See footnote F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RIVN Series A Preferred Stock Conversion of derivative security $0 -86,186,650 -100% $0.000000* 0 10 Nov 2021 Class A Common Stock 86,186,650 See footnote F1, F2
transaction RIVN Series D Preferred Stock Conversion of derivative security $0 -30,714,819 -100% $0.000000* 0 10 Nov 2021 Class A Common Stock 30,714,819 See footnote F1, F2
transaction RIVN Series E Preferred Stock Conversion of derivative security $0 -27,437,057 -100% $0.000000* 0 10 Nov 2021 Class A Common Stock 27,437,057 See footnote F1, F2
transaction RIVN Series F Preferred Stock Conversion of derivative security $0 -4,070,577 -100% $0.000000* 0 10 Nov 2021 Class A Common Stock 4,070,577 See footnote F1, F2
transaction RIVN Warrant (Right to Purchase) Conversion of derivative security -3,723,050 -100% 0 10 Nov 2021 Series C Preferred Stock 3,723,050 $9.09 See footnote F1, F3
transaction RIVN Warrant (Right to Purchase) Conversion of derivative security +3,723,050 3,723,050 10 Nov 2021 Class A Common Stock 3,723,050 $9.09 See footnote F1, F3
transaction RIVN Convertible Notes Conversion of derivative security $490,000,000 0 10 Nov 2021 Class A Common Stock 7,390,649 $66.30 See footnote F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Amazon.com NV Investment Holdings LLC, a wholly-owned subsidiary of Amazon.com, Inc. ("Amazon"), is the record holder of the securities listed in this Form 4.
F2 Upon the closing of the Issuer's initial public offering, each share of Series A Preferred Stock, Series D Preferred Stock, Series E Preferred Stock and Series F Preferred Stock (collectively, the "Preferred Stock") automatically converted into one share of the Issuer's Class A common stock, par value $0.001 per share (the "Class A Common Stock"). The shares of Preferred Stock had no expiration date.
F3 Upon the closing of the Issuer's initial public offering, the warrant to purchase Series C Preferred Stock automatically converted into a warrant to purchase an equivalent number of Class A Common Stock at the same exercise price.
F4 Upon the closing of the Issuer's initial public offering, the Convertible Notes automatically converted into shares of Class A Common Stock at a conversion price equal to the lesser of: (i) $71.03 and (ii) the product of (x) the initial public offering price per share of $78.00 multiplied by (y) the applicable discount rate determined by reference to the time of conversion (0.85).