Beach Point Capital Management LP - Jan 11, 2023 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
Jan 11, 2023
Transactions value $
-$40,611
Form type
4
Date filed
1/11/2023, 12:25 PM
Previous filing
Jan 10, 2023
Next filing
Feb 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LLAP Common Stock Sale -$26.5K -17.5K -0.18% $1.51 9.81M Jan 11, 2023 By: BPC Opportunities Fund III LP
transaction LLAP Common Stock Sale -$7.51K -4.97K -0.18% $1.51 2.78M Jan 11, 2023 By: Beach Point Select Fund LP
transaction LLAP Common Stock Sale -$3.45K -2.29K -0.18% $1.51 1.28M Jan 11, 2023 By: Beach Point Securitized Credit Fund LP
transaction LLAP Common Stock Sale -$3.17K -2.1K -0.18% $1.51 1.17M Jan 11, 2023 By: Beach Point SCF XI LP
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Remarks:

Form 1 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.