Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On December 16, 2022, the Board of Directors (the "Board") of Rigetti Computing,
Inc. (the "Company") appointed Dr. Subodh Kulkarni to the Board, effective as of
December 16, 2022, to fill the vacancy created by Dr. Chad Rigetti's previously
disclosed resignation from the Board effective as of December 15, 2022.
Dr. Kulkarni will serve as a Class I director until the Company's 2023 Annual
Meeting of Stockholders and until such time as his successor is duly elected and
qualified, or until his earlier death, resignation or removal. As the Company's
President and Chief Executive Officer, Dr. Kulkarni is not currently considered
an independent director. As such, Dr. Kulkarni will not serve on any committees
of the Board and will not receive any compensation for his director service
apart from his compensation for his services as President and Chief Executive
Officer of the Company.
Dr. Kulkarni was not selected as a director pursuant to any arrangements or
understandings with the Company or with any other person. Dr. Kulkarni does not
have any family relationships with any of the Company's directors or executive
officers, and he does not have a direct or indirect material interest in any
transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
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