SCLAVOS STRATTON D 4
4 · Terran Orbital Corp · Filed Feb 21, 2024
Insider Transaction Report
Form 4
SCLAVOS STRATTON D
Director
Transactions
- Exercise/Conversion
Common Stock, par value $0.0001 per share
2024-02-20+34,481→ 198,239 total - Exercise/Conversion
Restricted Stock Units
2024-02-20−34,481→ 111,778 totalExercise: $0.00→ Common Stock (34,481 underlying)
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 two equal annual installments on each anniversary of February 6, 2022, the vesting start date. As of February 20, 2024 both installments relating to this particular restricted stock unit award were vested and had been settled.