Beach Point Capital Management LP - Jul 20, 2022 Form 4 Insider Report for Terran Orbital Corp (LLAP)

Role
10%+ Owner
Signature
Beach Point Capital Management LP /s/Lawrence M. Goldman By: Lawrence M. Goldman Chief Administrative Officer and General Counsel
Stock symbol
LLAP
Transactions as of
Jul 20, 2022
Transactions value $
-$13,427
Form type
4
Date filed
7/21/2022, 12:56 PM
Previous filing
Jul 21, 2022
Next filing
Jul 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LLAP Common Stock Sale -$3.07K -674 -0.06% $4.55 1.09M Jul 20, 2022 By: Beach Point SCF IV LLC
transaction LLAP Common Stock Sale -$4.15K -911 -0.06% $4.55 1.48M Jul 20, 2022 By: Beach Point TX SCF LP
transaction LLAP Common Stock Sale -$6.22K -1.37K -0.06% $4.55 2.22M Jul 20, 2022 By: Beach Point SCF Multi-Port LP
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Remarks:

Form 2 of 2 (1) The reported securities are owned by Beach Point SCF XI LP (SCF XI), Beach Point SCF IV LLC (SCF IV), Beach Point SCF Multi-Port LP (SCF Multi), BPC Opportunities Fund III LP (Opportunities), Beach Point Select Fund LP (Select), Beach Point Securitized Credit Fund LP (Securitized) and Beach Point TX SCF LP (TX and collectively with SCF XI, SCF IV, SCF Multi, Opportunities, Select and Securitized, the Funds). The Funds may be deemed a (group) for purposes of Section 13(d) of the Exchange Act. (2) Beach Point Capital Management LP is the investment manager of each of the Funds (Investment Manager) and Beach Point GP LLC (Beach Point GP) is the general partner of the Investment Manager. In such capacities, Investment Manager and Beach Point GP may be deemed to share voting and dispositive power over the reported securities held by the Funds. Investment Manager and Beach Point GP each disclaims beneficial ownership of the reported securities, and this report shall not be deemed an admission that either is the beneficial owner of the reported securities, except to the extent of pecuniary interest, if any, therein. (3) Beach Point Advisors LLC, a Delaware limited liability company (Fund GP), is the General Partner or Managing Member of each of the Funds and Scott Klein and Carl Goldsmith are the members of the Fund GP and may be deemed to beneficially own the securities held by the Funds. Notwithstanding the foregoing, the Fund GP, Mr. Klein and Mr. Goldsmith each disclaims beneficial ownership of the reported securities and this report shall not be deemed an admission that any of the foregoing is the beneficial owner of the reported securities except to the extent of its or his respective pecuniary interest, if any, therein.