Hobart Gary A. 4
4 · Terran Orbital Corp · Filed Oct 2, 2023
Insider Transaction Report
Form 4
Hobart Gary A.
Chief Financial Officer, EVP
Transactions
- Exercise/Conversion
Restricted Stock Units
2023-09-28−241,369→ 1,788,766 totalExercise: $0.00→ Common Stock (241,369 underlying) - Exercise/Conversion
Common Stock, par value $0.0001 per share
2023-09-28+241,369→ 482,738 total
Footnotes (2)
- [F1]Shares acquired represent settlement of vested restricted stock units on a one-for-one basis.
- [F2]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 March 15, 2021, the vesting start date.