4//SEC Filing
Hobart Stephen Alan 4
Accession 0000950170-24-065519
CIK 0001835512other
Filed
May 27, 8:00 PM ET
Accepted
May 28, 7:19 PM ET
Size
8.7 KB
Accession
0000950170-24-065519
Insider Transaction Report
Form 4
Hobart Stephen Alan
SVP, Components and Modules
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-05-24−25,000→ 200,000 totalExercise: $0.00→ Common Stock (25,000 underlying) - Tax Payment
Common Stock, par value $0.0001 per share
2024-05-24$0.92/sh−9,387$8,636→ 15,613 total - Exercise/Conversion
Common Stock, par value $0.0001 per share
2024-05-24+25,000→ 25,000 total
Footnotes (3)
- [F1]Shares acquired represent settlement of vested restricted stock units on a one-for-one basis.
- [F2]Shares sold to cover tax obligations and fees applicable to the settlement of vested restricted stock units.
- [F3]Each restricted stock unit represents a contingent right to receive one share of LLAP common stock subject to vesting in four equal annual installments on each anniversary of February 6, 2023, the vesting start date.
Documents
Issuer
Terran Orbital Corp
CIK 0001835512
Entity typeother
Related Parties
1- filerCIK 0001972777
Filing Metadata
- Form type
- 4
- Filed
- May 27, 8:00 PM ET
- Accepted
- May 28, 7:19 PM ET
- Size
- 8.7 KB