4//SEC Filing
O'Donnell Shaun 4
Accession 0000899243-22-030666
CIK 0001819994other
Filed
Sep 7, 8:00 PM ET
Accepted
Sep 8, 4:23 PM ET
Size
8.3 KB
Accession
0000899243-22-030666
Insider Transaction Report
Form 4
O'Donnell Shaun
EVP - Global Operations
Transactions
- Exercise/Conversion
Common Stock
2022-09-06+724,772→ 905,485 total - Exercise/Conversion
Restricted Stock Units
2022-09-06−724,772→ 0 total→ Common Stock (724,772 underlying)
Footnotes (4)
- [F1]Represents 241,590 shares of common stock issued on settlement of Restricted Stock Units ("RSUs") on September 6, 2022, and 483,182 RSUs subject to service-based vesting.
- [F2]Each RSU represents a contingent right to receive one share of the issuer's common stock upon settlement.
- [F3]Includes 241,590 shares of common stock issued on settlement of RSUs on September 6, 2022; 483,182 RSUs previously reported in Table II that remain subject to service-based vesting requirements described in note 4 below; and 180,713 shares of common stock.
- [F4]The RSUs are subject to both a service-based vesting condition and liquidity-based vesting condition. The liquidity-based vesting condition was waived by the Board for these RSUs on September 6, 2022. One-third of the RSUs satisfied the service-based vesting condition on August 22, 2022 and were settled for 241,590 shares of common stock on September 6, 2022, and the remaining two-thirds of the RSUs vest in eight substantially equal quarterly installments on each November 22nd, March 1st, May 22nd and August 22nd thereafter. As a result of the waiver of the liquidity-based vesting condition, the reporting person has elected to report the remaining unvested RSUs on Table I.
Documents
Issuer
Rocket Lab USA, Inc.
CIK 0001819994
Entity typeother
Related Parties
1- filerCIK 0001880855
Filing Metadata
- Form type
- 4
- Filed
- Sep 7, 8:00 PM ET
- Accepted
- Sep 8, 4:23 PM ET
- Size
- 8.3 KB