David Rivas - Mar 10, 2025 Form 4 Insider Report for Rigetti Computing, Inc. (RGTI)

Signature
/s/ Jeffrey Bertelsen, Attorney-in-Fact
Stock symbol
RGTI
Transactions as of
Mar 10, 2025
Transactions value $
-$2,730,907
Form type
4
Date filed
3/11/2025, 04:58 PM
Previous filing
Nov 15, 2024
Next filing
Mar 14, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RGTI Common Stock Award $0 +200K +16.04% $0.00 1.45M Mar 10, 2025 Direct F1
transaction RGTI Common Stock Sale -$2.73M -352K -24.32% $7.76 1.09M Mar 11, 2025 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement. One-sixteenth (1/16th) of the total number of RSUs (rounded down, except for the final scheduled vesting installment) will vest on the 20th day of the middle month of each quarter (i.e., February 20, May 20, August 20 and November 20) with the first one-sixteenth (1/16th) of the total number of RSUs vesting on May 20, 2025, subject to the Reporting Person's continuous service with the Issuer through each such vesting date.
F2 The sales reported in this row 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 RSUs.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.645 to $8.105, 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.

Remarks:

Exhibit 24 - Power of Attorney