Maryanne Lavan - 31 Dec 2023 Form 4 Insider Report for MP Materials Corp. / DE (MP)

Role
Director
Signature
/s/ Elliot D. Hoops, Attorney-In-Fact for Maryanne Lavan
Issuer symbol
MP
Transactions as of
31 Dec 2023
Net transactions value
$0
Form type
4
Filing time
02 Jan 2024, 17:12:53 UTC
Previous filing
12 Dec 2023
Next filing
26 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MP Common Stock Award $0 +1,430 +18% $0.000000 9,403 31 Dec 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.