Douglas L. Raaberg - 30 May 2023 Form 4 Insider Report for Terran Orbital Corp

Role
Director
Signature
/s/ James S. Black
Issuer symbol
N/A
Transactions as of
30 May 2023
Net transactions value
$0
Form type
4
Filing time
31 May 2023, 16:32:11 UTC
Previous filing
04 Apr 2023
Next filing
03 Apr 2024
SEC
View on sec.gov

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 Options Exercise $0 +7,282 +20% $0.000000 44,037 30 May 2023 Direct F1

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
transaction LLAP Restricted Stock Units Options Exercise $0 -7,282 -5.8% $0.000000 119,059 30 May 2023 Common Stock 7,282 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares acquired represent settlement of vested restricted stock units on a one-for-one basis.
F2 Each restricted stock unit represents a contingent right to receive one share of LLAP common stock subject to vesting in four equal annual installments on each anniversary of May 27, 2020, the vesting start date.