4//SEC Filing
LACHANCE JAMES 4
Accession 0000950170-24-041365
CIK 0001835512other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 6:00 PM ET
Size
14.7 KB
Accession
0000950170-24-041365
Insider Transaction Report
Form 4
LACHANCE JAMES
Director
Transactions
- Exercise/Conversion
Common Stock, par value $0.0001 per share
2024-04-01+8,333→ 335,875 total - Award
Common Stock, par value $0.0001 per share
2024-04-03+20,878→ 451,862 total - Exercise/Conversion
Common Stock, par value $0.0001 per share
2024-04-03+95,109→ 430,984 total - Award
Restricted Stock Units
2024-04-01+133,588→ 280,369 totalExercise: $0.00→ Common Stock (133,588 underlying) - Exercise/Conversion
Restricted Stock Units
2024-04-01−8,333→ 272,036 totalExercise: $0.00→ Common Stock (8,333 underlying) - Exercise/Conversion
Restricted Stock Units
2024-04-03−95,109→ 176,927 totalExercise: $0.00→ Common Stock (95,109 underlying)
Footnotes (5)
- [F1]Shares acquired represent settlement of vested restricted stock units on a one-for-one basis.
- [F2]Shares of common stock issued on April 3, 2024 in lieu of cash retainers accrued for service on the Board for the period of January 1, 2024 through March 31, 2024, at a price of $1.31 per share, the closing price as of March 28, 2024.
- [F3]Includes 133,588 restricted stock units granted as part of the annual compensation for service as a director, 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.
- [F4]Each restricted stock unit 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.
- [F5]Each restricted stock unit represents a contingent right to receive one share of LLAP common stock, all of which vested on April 3, 2024.
Documents
Issuer
Terran Orbital Corp
CIK 0001835512
Entity typeother
Related Parties
1- filerCIK 0001481755
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 6:00 PM ET
- Size
- 14.7 KB