Maryanne Lavan - Sep 30, 2023 Form 4 Insider Report for MP Materials Corp. / DE (MP)

Role: Director
Signature: /s/ Elliot D. Hoops, Attorney-In-Fact for Maryanne Lavan
Stock symbol: MP
Transactions as of: Sep 30, 2023
Transactions value $: $0
Form type: 4
Date filed: 10/2/2023, 05:48 PM
Previous filing: Jun 30, 2023
Next filing: Dec 12, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MP	Common Stock	Award	$0	+1.52K	+23.5%	$0.00	7.97K	Sep 30, 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents deferred stock units ("DSUs") awarded in connection with the election to defer cash retainers by the reporting person. Each DSU represents a right to receive a share of the registrant's common stock and are fully vested on grant. The DSUs will be settled upon the earlier to occur of the following: (i) June 15th occurring following the close of the fifth calendar year following the close of the calendar year in which the cash retainers are earned; (ii) certain changes in control of the registrant; and (iii) the date of the reporting person's separation from service.

Content

Represents deferred stock units ("DSUs") awarded in connection with the election to defer cash retainers by the reporting person. Each DSU represents a right to receive a share of the registrant's common stock and are fully vested on grant. The DSUs will be settled upon the earlier to occur of the following: (i) June 15th occurring following the close of the fifth calendar year following the close of the calendar year in which the cash retainers are earned; (ii) certain changes in control of the registrant; and (iii) the date of the reporting person's separation from service.