Villa Marco 4
4 · Terran Orbital Corp · Filed Jan 23, 2024
Insider Transaction Report
Form 4
Villa Marco
Chief Revenue Officer and EVP
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-01-22−250→ 708,690 totalExercise: $0.00→ Common Stock (250 underlying) - Tax Payment
Common Stock, par value $0.0001 per share
2024-01-22$0.85/sh−76$65→ 6,241,279 total - Exercise/Conversion
Common Stock, par value $0.0001 per share
2024-01-22+250→ 6,241,355 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 November 4, 2022, the vesting start date.