| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LLAP | Common Stock, par value $0.0001 per share | Other | $0 | -8.65K | -4.36% | $0.00 | 190K | Mar 27, 2024 | Direct | F1, F2 |
| transaction | LLAP | Common Stock, par value $0.0001 per share | Options Exercise | $0 | +8.33K | +4.4% | $0.00 | 198K | Apr 1, 2024 | Direct | F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LLAP | Restricted Stock Units | Award | $0 | +134K | +63.08% | $0.00 | 345K | Apr 1, 2024 | Common Stock | 134K | $0.00 | Direct | F4 |
| transaction | LLAP | Restricted Stock Units | Options Exercise | $0 | -8.33K | -2.41% | $0.00 | 337K | Apr 1, 2024 | Common Stock | 8.33K | $0.00 | Direct | F5 |
| Id | Content |
|---|---|
| F1 | The date of execution was determined in accordance with SEC Rule 16a-3(g)(2) and (g)(4). |
| F2 | Represents a distribution, and not a purchase or sale, without additional consideration to a co-investor in Terran Orbital pursuant to preexisting business arrangement. |
| F3 | Shares acquired represent settlement of vested restricted stock units on a one-for-one basis. |
| F4 | Includes 133,588 restricted stock units, each representing a contingent right to receive one share of LLAP common stock, subject to vesting in full on the first anniversary of April 1, 2024, the vesting start date. |
| F5 | Each restricted stock represents a contingent right to receive one share of LLAP common stock subject to vesting in three equal annual installments on each anniversary of April 1, 2022, the vesting start date. |