Thomas E. Manion - 01 Apr 2024 Form 4 Insider Report for Terran Orbital Corp

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 01 Apr 2024
Net transaction value: $0
SEC form: 4
Accepted by SEC: 03 Apr 2024, 18:01:31 UTC
Prior SEC filing: 29 Feb 2024
Next SEC filing: 05 Jul 2024
Source filing: View source filing
Reporting owner signature: /s/ James S. Black, attorney-in-fact

Key filing fact

Thomas E. Manion filed Form 4 for Terran Orbital Corp on 03 Apr 2024.

Key facts

This page summarizes Thomas E. Manion's Form 4 filing for Terran Orbital Corp.
6 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 03 Apr 2024, 18:01.

Change

Previous filing in this sequence was filed on 29 Feb 2024.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LLAP transaction

Common Stock, par value $0.0001 per share

Options Exercise

Transaction value: $0
Shares: +8,333
Change %: +32%
Price: $0.000000
Shares after: 34,166
Date: 01 Apr 2024
Ownership: Direct
Footnotes: F1

LLAP transaction

Common Stock, par value $0.0001 per share

Options Exercise

Transaction value: $0
Shares: +95,109
Change %: +278%
Price: $0.000000
Shares after: 129,275
Date: 03 Apr 2024
Ownership: Direct
Footnotes: F1

LLAP transaction

Common Stock, par value $0.0001 per share

Award

Transaction value
Shares: +18,031
Change %: +14%
Price
Shares after: 147,306
Date: 03 Apr 2024
Ownership: Direct
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LLAP transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +133,588
Change %: +91%
Price: $0.000000
Shares after: 280,364
Date: 01 Apr 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 133,588
Exercise price: $0.000000
Footnotes: F3

LLAP transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -8,333
Change %: -3%
Price: $0.000000
Shares after: 272,031
Date: 01 Apr 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 8,333
Exercise price: $0.000000
Footnotes: F4

LLAP transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -95,109
Change %: -35%
Price: $0.000000
Shares after: 176,922
Date: 03 Apr 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 95,109
Exercise price: $0.000000
Footnotes: F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Shares acquired represent settlement of vested restricted stock units on a one-for-one basis.

Footnote F2

Shares of common stock issued on April 3, 2024 in lieu of cash retainers accrued for service on the Board for the period of January 1, 2024 through March 31, 2024, at a price of $1.31 per share, the closing price as of March 28, 2024.

Footnote F3

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.

Footnote F4

Each restricted stock unit 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.

Footnote F5

Each restricted stock unit represents a contingent right to receive one share of LLAP common stock, all of which vested on April 3, 2024.