Subodh K. Kulkarni - May 20, 2025 Form 4 Insider Report for Rigetti Computing, Inc. (RGTI)

Role: President and CEO, Director
Signature: /s/ Jeffrey Bertelsen, Attorney-in-Fact
Stock symbol: RGTI
Transactions as of: May 20, 2025
Transactions value $: -$11,040,600
Form type: 4
Date filed: 5/21/2025, 04:27 PM
Previous filing: Nov 15, 2024
Next filing: Aug 22, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Kulkarni Subodh K	President and CEO, Director	C/O RIGETTI COMPUTING, INC., 775 HEINZ AVENUE, BERKELEY	/s/ Jeffrey Bertelsen, Attorney-in-Fact	2025-05-21	0001388191

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RGTI	Common Stock	Options Exercise	$964K	+1M		$0.96	1M	May 20, 2025	Direct
transaction	RGTI	Common Stock	Sale	-$12M	-1M	-100%	$12.00	0	May 20, 2025	Direct	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	RGTI	Employee Stock Option (right to buy)	Options Exercise	$0	-1M	-80%	$0.00	250K	May 20, 2025	Common Stock	1M	$0.96	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.85 to $12.265, 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.
F2	One-third (1/3rd) of this option vested and became exercisable on December 12, 2023, with the remainder vesting in twenty-four (24) equal monthly installments thereafter, subject to the Reporting Person's continuous service with the Issuer on each such vesting date.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.85 to $12.265, 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.

One-third (1/3rd) of this option vested and became exercisable on December 12, 2023, with the remainder vesting in twenty-four (24) equal monthly installments thereafter, subject to the Reporting Person's continuous service with the Issuer on each such vesting date.

Remarks:

Exhibit 24 - Power of Attorney