Marc H. Bell - Jul 30, 2023 Form 4 Insider Report for Terran Orbital Corp (LLAP)

Role
Chief Executive Officer, Director
Signature
/s/ James S. Black, attorney-in-fact
Stock symbol
LLAP
Transactions as of
Jul 30, 2023
Transactions value $
$0
Form type
4
Date filed
8/1/2023, 04:23 PM
Previous filing
May 25, 2023
Next filing
Aug 24, 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
transaction LLAP Restricted Stock Units Award $0 +1.55M +70.49% $0.00 3.75M Jul 30, 2023 Common Stock 1.55M 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 July 30, 2023.