Villa Marco 4
4 · Terran Orbital Corp · Filed Oct 2, 2023
Insider Transaction Report
Form 4
Villa Marco
Chief Revenue Officer and EVP
Transactions
- Exercise/Conversion
Restricted Stock Units
2023-09-28−153,897→ 812,384 totalExercise: $0.00→ Common Stock (153,897 underlying) - Exercise/Conversion
Common Stock, par value $0.0001 per share
2023-09-28+153,897→ 6,205,975 total - Exercise/Conversion
Common Stock, par value $0.0001 per share
2023-09-28+103,444→ 6,309,419 total - Tax Payment
Common Stock, par value $0.0001 per share
2023-09-28$0.85/sh−68,314$58,197→ 6,241,105 total - Exercise/Conversion
Restricted Stock Units
2023-09-28−103,444→ 708,940 totalExercise: $0.00→ Common Stock (103,444 underlying)
Footnotes (4)
- [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 February 24, 2021, 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 four equal annual installments on each anniversary of March 15, 2021, the vesting start date.