James H. Litinsky - 16 Sep 2021 Form 4 Insider Report for MP Materials Corp. / DE (MP)

Role
Chairman and CEO, Director
Signature
/s/ Elliot D. Hoops, Attorney-In-Fact for James H. Litinsky
Issuer symbol
MP
Transactions as of
16 Sep 2021
Net transactions value
-$109,204,913
Form type
4
Filing time
20 Sep 2021, 17:14:32 UTC
Next filing
19 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MP Class A Common Stock Sale $30,197,226 -872,248 -5.2% $34.62 16,024,773 16 Sep 2021 Held by James Henry Litinsky, Trustee of James Henry Litinsky Revocable Trust u/a/d 10/19/2011 F1
transaction MP Class A Common Stock Sale $19,888,878 -574,491 -5.2% $34.62 10,554,449 16 Sep 2021 Held by JHL Capital Group Holdings One LLC F2, F3
transaction MP Class A Common Stock Sale $59,114,619 -1,707,528 -5.2% $34.62 31,370,398 16 Sep 2021 Held by JHL Capital Group Holdings Two LLC F2, F3
transaction MP Class A Common Stock Sale $4,189 -121 -5.2% $34.62 2,217 16 Sep 2021 Held by JHL Capital Group LLC F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 James Litinsky as sole trustee of the James Henry Litinsky, Trustee of James Henry Litinsky Revocable Trust u/a/d 10/19/2011.
F2 JHL Capital Group Master Fund L.P., a Cayman Islands limited partnership ("JHL Master Fund"), is the 100% owner of each of JHL Capital Group Holdings One LLC and JHL Capital Group Holdings Two LLC. JHL Capital Group Master Fund GP Ltd., a Cayman Islands exempted company ("JHL Master Fund GP"), is the general partner of JHL Master Fund. JHL Capital Group LLC, a Delaware limited liability company ("JHL Capital Group"), is the investment manager of JHL Master Fund, and is also the 100% owner of JHL Master Fund GP. JHL Capital Group L.P. and Mr. Litinsky may be deemed to beneficially own the shares held by JHL Capital Group LLC. James H. Litinsky holds a controlling interest in JHL Capital Group L.P. and serves as Chief Executive Officer of JHL Capital Group, as well as director of JHL Master Fund GP.
F3 Accordingly, JHL Master Fund, JHL Master Fund GP, JHL Capital Group, JHL Capital Group L.P. and Mr. Litinsky may be deemed to beneficially own MP Materials Corp. (the "Issuer") Class A common stock ("Shares") to be held directly by JHL Capital Group Holdings One LLC and JHL Capital Group Holdings Two LLC. Mr. Litinsky disclaims any beneficial ownership in the Shares described in the prior sentence, other than to the extent of any pecuniary interest he may have therein, directly or indirectly.