Kula Mark 4
4 · Terran Orbital Corp · Filed Oct 2, 2023
Insider Transaction Report
Form 4
Kula Mark
SVP, Programs
Transactions
- Exercise/Conversion
Common Stock, par value $0.0001 per share
2023-09-28+15,689→ 19,567 total - Exercise/Conversion
Restricted Stock Units
2023-09-28−15,689→ 463,616 totalExercise: $0.00→ Common Stock (15,689 underlying) - Tax Payment
Common Stock, par value $0.0001 per share
2023-09-28$0.85/sh−5,916$5,040→ 13,651 total
Footnotes (3)
- [F1]Shares acquired represent settlement of vested restricted stock units on a one-for-one basis.
- [F2]Shares withheld to pay taxes applicable to 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 April 1, 2022, the vesting start date.