Shaun O'Donnell - Sep 6, 2022 Form 4/A - Amendment Insider Report for Rocket Lab USA, Inc. (RKLB)

Role
EVP - Global Operations
Signature
/s/ Adam Spice, as Attorney-in-Fact for Shaun O'Donnell
Stock symbol
RKLB
Transactions as of
Sep 6, 2022
Transactions value $
$0
Form type
4/A - Amendment
Date filed
9/9/2022, 08:17 PM
Date Of Original Report
Sep 8, 2022
Previous filing
Sep 7, 2021
Next filing
Sep 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RKLB Common Stock Options Exercise +725K +401.06% 905K Sep 6, 2022 Direct F1, F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RKLB Restricted Stock Units Options Exercise $0 -725K -100% $0.00* 0 Sep 6, 2022 Common Stock 725K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 543,579 shares of common stock issued on settlement of Restricted Stock Units ("RSUs") on September 6, 2022, and 181,193 RSUs subject to service-based vesting.
F2 Each RSU represents a contingent right to receive one share of the issuer's common stock upon settlement. The number of shares of common stock issued on settlement on September 6, 2022 and remaining RSUs were incorrectly described in the reporting person's original Form 4.
F3 Includes 543,579 shares of common stock issued on settlement of RSUs on September 6, 2022; 181,193 RSUs previously reported in Table II that remain subject to service-based vesting requirements described in note 4 below; and 180,713 shares of common stock. The number of shares of common stock issued on settlement on September 6, 2022 and remaining RSUs were incorrectly described in the reporting person's original Form 4
F4 The RSUs are subject to both a service-based vesting condition and liquidity-based vesting condition. The liquidity-based vesting condition was waived by the Board for these RSUs on September 6, 2022. One-sixteenth of the RSUs satisfied the service-based vesting condition at the end of each calendar quarter beginning June 30, 2019 and were settled for 543,579 shares of common stock on September 6, 2022, and the remaining RSUs will vest on the same schedule. As a result of the waiver of the liquidity-based vesting condition, the reporting person has elected to report the remaining unvested RSUs on Table I. The time-based vesting schedule for these RSUs was incorrectly described in the reporting person's original Form 4.