Jonathan Siegmann - 22 Jan 2024 Form 4 Insider Report for Terran Orbital Corp

Role: SVP, Corporate Development
Signature: /s/ James S. Black, attorney-in-fact
Issuer symbol: N/A
Transactions as of: 22 Jan 2024
Net transactions value: $0
Form type: 4
Filing time: 23 Jan 2024, 17:05:03 UTC
Previous filing: 02 Oct 2023
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	+250	+0.2%	$0.000000	125,250	22 Jan 2024	Direct	F1
holding	LLAP	Common Stock, par value $0.0001 per share						20,000	22 Jan 2024	By spouse.

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	-250	-0.05%	$0.000000	501,000	22 Jan 2024	Common Stock	250	$0.000000	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 November 4, 2022, the vesting start date.