Stephen Alan Hobart - Mar 30, 2023 Form 3 Insider Report for Terran Orbital Corp (LLAP)

Role
SVP, Components and Modules
Signature
/s/ James S. Black, attorney-in-fact
Stock symbol
LLAP
Transactions as of
Mar 30, 2023
Transactions value $
$0
Form type
3
Date filed
4/10/2023, 06:00 PM
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
holding LLAP Restricted Stock Units Mar 30, 2023 Common Stock 100K 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 February 6, 2023.

Remarks:

See Exhibit 24.1 - Power of Attorney