Santina M. Michel - May 28, 2024 Form 4 Insider Report for Terran Orbital Corp (LLAP)

Role
SVP and Chief HR Officer
Signature
/s/ Austin S. Elliott, attorney-in-fact
Stock symbol
LLAP
Transactions as of
May 28, 2024
Transactions value $
$0
Form type
4
Date filed
6/3/2024, 06:23 PM
Previous filing
Jan 23, 2024
Next filing
Jun 13, 2024

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 LLAP Restricted Stock Units Award $0 +100K +56.13% $0.00 278K May 28, 2024 Common Stock 100K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of LLAP common stock subject to time-based vesting over four equal annual installments occurring on each anniversary of the vesting start date. Vesting start date is May 28, 2024.