James H. Litinsky - 12 Jan 2025 Form 4 Insider Report for MP Materials Corp. / DE (MP)

Role
Chairman and CEO, Director, 10%+ Owner
Signature
/s/ Elliot D. Hoops, Attorney-In-Fact for James H. Litinsky
Issuer symbol
MP
Transactions as of
12 Jan 2025
Net transactions value
-$623,074
Form type
4
Filing time
14 Jan 2025, 20:29:24 UTC
Previous filing
04 Dec 2024
Next filing
06 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MP Common Stock Tax liability $519,741 -26,316 -8.1% $19.75 298,588 12 Jan 2025 Direct F1
transaction MP Common Stock Tax liability $103,333 -5,291 -1.8% $19.53 293,297 13 Jan 2025 Direct F2
transaction MP Common Stock Award $0 +119,047 +41% $0.000000 412,344 13 Jan 2025 Direct F3
holding MP Common Stock 16,029,299 12 Jan 2025 Held by James Henry Litinsky, Trustee of James Henry Litinsky Revocable Trust u/a/d 10/19/2011 F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld to satisfy tax withholding obligations applicable to the vesting of restricted stock units that vested on January 12, 2025.
F2 Represents shares withheld to satisfy tax withholding obligations applicable to the vesting of restricted stock units that vested on January 13, 2025.
F3 The securities reported are restricted stock units that vest in four annual installments beginning on the first anniversary of the grant date. Each restricted stock unit represents the contingent right to receive, upon vesting of the unit, one share of the issuer's common stock.
F4 James Litinsky as sole trustee of the James Henry Litinsky, Trustee of James Henry Litinsky Revocable Trust u/a/d 10/19/2011.