Stratton D. Sclavos - Nov 23, 2022 Form 4 Insider Report for Terran Orbital Corp (LLAP)

Role
Director
Signature
/s/ James S. Black, attorney-in-fact
Stock symbol
LLAP
Transactions as of
Nov 23, 2022
Transactions value $
$0
Form type
4
Date filed
11/29/2022, 04:09 PM
Previous filing
Oct 17, 2022
Next filing
Feb 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LLAP Common Stock, par value $0.0001 per share Other $0 -310K -75% $0.00 103K Nov 23, 2022 Direct F1
transaction LLAP Common Stock, par value $0.0001 per share Other $0 -103K -100% $0.00* 0 Nov 23, 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a distribution, and not a purchase or sale, without additional consideration to a co-investor in Terran Orbital pursuant to a preexisting business arrangement.
F2 Represents a transfer to a creditor holding a security interest in the shares.

Remarks:

See Exhibit 24.1 - Power of Attorney