Maryanne Lavan - Mar 31, 2024 Form 4 Insider Report for MP Materials Corp. / DE (MP)

Role: Director
Signature: /s/ Elliot D. Hoops, Attorney-In-Fact for Maryanne Lavan
Stock symbol: MP
Transactions as of: Mar 31, 2024
Transactions value $: $0
Form type: 4
Date filed: 4/1/2024, 05:52 PM
Previous filing: Mar 7, 2024
Next filing: Jun 12, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MP	Common Stock	Award	$0	+1.87K	+19.83%	$0.00	11.3K	Mar 31, 2024	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.

Content

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.