Alissa Fitzgerald - 01 Nov 2022 Form 4 Insider Report for Rigetti Computing, Inc. (RGTI)

Role
Director
Signature
/s/ Rick Danis, Attorney-in-Fact
Issuer symbol
RGTI
Transactions as of
01 Nov 2022
Net transactions value
-$13,184
Form type
4
Filing time
02 Nov 2022, 16:05:30 UTC
Previous filing
03 Oct 2022
Next filing
02 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RGTI Common Stock Options Exercise $2,176 +8,000 +12% $0.2720 75,436 01 Nov 2022 Direct F1
transaction RGTI Common Stock Sale $15,360 -8,000 -11% $1.92 67,436 01 Nov 2022 Direct F1, F2

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 Stock Option (right to buy) Options Exercise $0 -8,000 -4.4% $0.000000 172,747 01 Nov 2022 Common Stock 8,000 $0.2720 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions were pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.87 to $2.04 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 17% of this option vested and became exercisable on February 18, 2020, with the remainder vesting in 48 equal monthly installments thereafter, subject to the Reporting Person's continuous service with the Issuer on each such date.