Ryan Corbett - 17 Nov 2022 Form 4 Insider Report for MP Materials Corp. / DE (MP)

Role
Chief Financial Officer
Signature
/s/ Elliot D. Hoops, Attorney-In-Fact for Ryan Corbett
Issuer symbol
MP
Transactions as of
17 Nov 2022
Net transactions value
-$972,780
Form type
4
Filing time
18 Nov 2022, 18:13:14 UTC
Previous filing
03 Jun 2022
Next filing
17 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MP Common Stock Tax liability $438,345 -13,500 -5.6% $32.47 227,976 17 Nov 2022 Direct F1, F2
transaction MP Common Stock Sale $534,435 -16,500 -7.2% $32.39 211,476 18 Nov 2022 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld to satisfy tax withholding obligation applicable to the vesting of 30,000 shares of restricted stock that vested on November 17, 2022.
F2 Includes 16,378 shares of Class A Common Stock acquired in a pro rata distribution in-kind, the acquisition of which was exempt pursuant to Rule 16a-9.
F3 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 16, 2022.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.98 to $32.77, inclusive. The reporting person undertakes to provide to MP Materials Corp., any security holder of MP Materials Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (4) to this Form 4.