4//SEC Filing
SCLAVOS STRATTON D 4
Accession 0000950170-24-041363
CIK 0001835512other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 5:59 PM ET
Size
11.2 KB
Accession
0000950170-24-041363
Insider Transaction Report
Form 4
SCLAVOS STRATTON D
Director
Transactions
- Other
Common Stock, par value $0.0001 per share
2024-03-27−8,651→ 189,588 total - Award
Restricted Stock Units
2024-04-01+133,588→ 345,366 totalExercise: $0.00→ Common Stock (133,588 underlying) - Exercise/Conversion
Common Stock, par value $0.0001 per share
2024-04-01+8,333→ 197,921 total - Exercise/Conversion
Restricted Stock Units
2024-04-01−8,333→ 337,033 totalExercise: $0.00→ Common Stock (8,333 underlying)
Footnotes (5)
- [F1]The date of execution was determined in accordance with SEC Rule 16a-3(g)(2) and (g)(4).
- [F2]Represents a distribution, and not a purchase or sale, without additional consideration to a co-investor in Terran Orbital pursuant to preexisting business arrangement.
- [F3]Shares acquired represent settlement of vested restricted stock units on a one-for-one basis.
- [F4]Includes 133,588 restricted stock units, each representing a contingent right to receive one share of LLAP common stock, subject to vesting in full on the first anniversary of April 1, 2024, the vesting start date.
- [F5]Each restricted stock represents a contingent right to receive one share of LLAP common stock subject to vesting in three equal annual installments on each anniversary of April 1, 2022, the vesting start date.
Documents
Issuer
Terran Orbital Corp
CIK 0001835512
Entity typeother
Related Parties
1- filerCIK 0001098240
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 5:59 PM ET
- Size
- 11.2 KB