Jonathan Siegmann - 30 Mar 2023 Form 3 Insider Report for Terran Orbital Corp

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
3
Accepted by SEC
10 Apr 2023, 18:04:30 UTC
Next SEC filing
26 Jun 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ James S. Black, attorney-in-fact

Key filing fact

Jonathan Siegmann filed Form 3 for Terran Orbital Corp on 10 Apr 2023.

Key facts

  • This page summarizes Jonathan Siegmann's Form 3 filing for Terran Orbital Corp.
  • 0 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 10 Apr 2023, 18:04.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Official SEC source

Ownership activity is grounded in SEC Form 3 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LLAP holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
30 Mar 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
500,000
Exercise price
Footnotes
F1
LLAP holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
30 Mar 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,000
Exercise price
Footnotes
F2
LLAP holding Derivative

$11 Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
30 Mar 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
61,100
Exercise price
Footnotes
F3
LLAP holding Derivative

$13 Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
30 Mar 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
51,712
Exercise price
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote 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 July 1, 2022.

Footnote F2

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.

Footnote F3

Each retention restricted stock unit represents a contingent right to receive one share of LLAP common stock. Such restricted stock will vest upon satisfying two remaining conditions: (i) Reporting Person must be in continuous employment with the Issuer or its subsidiaries for one year starting on March 25, 2022 and (ii) the market price of LLAP common stock being at or greater than $11/share in 20 out of 30 trading days during a five year period starting March 25, 2022.

Footnote F4

Each retention restricted stock unit represents a contingent right to receive one share of LLAP common stock. Such restricted stock will vest upon satisfying two remaining conditions: (i) Reporting Person must be in continuous employment with the Issuer or its subsidiaries for one year starting on March 25, 2022 and (ii) the market price of LLAP common stock being at or greater than $13/share in 20 out of 30 trading days during a five year period starting March 25, 2022.

SEC remarks

See Exhibit 24.1 - Power of Attorney

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