Gary A. Hobart - Nov 4, 2022 Form 4 Insider Report for Terran Orbital Corp (LLAP)

Role
Chief Financial Officer, EVP
Signature
/s/ James S. Black, attorney-in-fact
Stock symbol
LLAP
Transactions as of
Nov 4, 2022
Transactions value $
$0
Form type
4
Date filed
11/14/2022, 04:03 PM
Previous filing
Oct 11, 2022
Next filing
Aug 1, 2023

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 +500K +69.05% $0.00 1.22M Nov 4, 2022 Common Stock 500K 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 November 4, 2022.