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Rigetti Computing, Inc. — Director's Dealing 2022
Mar 11, 2022
30626_dirs_2022-03-11_8b5f1398-0baf-4be0-9683-c0d02d0aefd1.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Rigetti Computing, Inc. (RGTI)
CIK: 0001838359
Period of Report: 2022-03-02
Reporting Person: Naidu Taryn Jogi (Chief Operating Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 915355 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $0.272 | 2030-05-21 | Common Stock (647032) | Direct | |
| Employee Stock Option (right to buy) | $0.272 | 2029-04-03 | Common Stock (157397) | Direct | |
| Warrant (right to buy) | $0.13 | 2030-02-18 | Common Stock (22245) | Direct |
Footnotes
F1: Includes 716,281 shares issued pursuant to restricted stock unit ("RSU") grants. 378,082 RSUs vested or shall vest in 48 equal monthly installments commencing May 21, 2021 and 338,199 RSUs vested or shall vest (i) 50% in 12 equal monthly installments on the last day of each month commencing February 28, 2022 and (ii) 50% vested or shall vest in 48 equal monthly installments on the last day of each month commencing February 28, 2022. All vesting is subject to the Reporting Person's continuous service with the Issuer on each such date.
F2: The securities reported herein were acquired by the Reporting Person prior to the Reporting Person becoming an executive officer of the Issuer. The Reporting Person was appointed as an executive officer of the Issuer effective immediately after the effective time of the Second Merger as defined in that Agreement and Plan of Merger, dated as of October 6, 2021, as amended on December 23, 2021 and January 10, 2022 (the "Merger Agreement"), by and among the Issuer, Supernova Merger Sub, Inc., Supernova Romeo Merger Sub, LLC, and Rigetti Holdings, Inc.
F3: 6.99996% 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.
F4: 20% of this option vested and became exercisable on March 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.
F5: Immediately exercisable.