Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MP | Common Stock | Tax liability | -$438K | -13.5K | -5.59% | $32.47 | 228K | Nov 17, 2022 | Direct | F1, F2 |
transaction | MP | Common Stock | Sale | -$534K | -16.5K | -7.24% | $32.39 | 211K | Nov 18, 2022 | Direct | F3, F4 |
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. |