Maryanne Lavan - Jun 15, 2021 Form 4 Insider Report for MP Materials Corp. / DE (MP)

Role
Director
Signature
/s/ Elliot D. Hoops, Attorney-In-Fact for Maryanne Lavan
Stock symbol
MP
Transactions as of
Jun 15, 2021
Transactions value $
$0
Form type
4
Date filed
6/16/2021, 05:35 PM
Next filing
Jul 2, 2021

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 MP Restricted Stock Units Award $0 +3.15K $0.00 3.15K Jun 15, 2021 Class A Common Stock 3.15K 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 ("RSU") represents a contingent right to receive one share of MP Materials Corp. ("Issuer") Class A common stock. These RSUs vest on the earlier of: (i) June 15, 2022; and (ii) the next annual meeting of the Issuer's stockholders, subject to the reporting person's continued service through the applicable vesting date, and settled upon the earlier to occur of (x) June 15th following the fifth anniversary of the vesting date; (y) a "change in control event" within the meaning of Section 409A of the Internal Revenue Code; and (z) the date of the director's separation from service. These RSUs fully vest upon a change in control of the Issuer or the director's termination of service due to death or disability.