Beach Point Capital Management LP - 27 Feb 2023 Form 4 Insider Report for Terran Orbital Corp

Reporting relationship: 10%+ Owner
Issuer ticker: N/A
Reported as of: 27 Feb 2023
Net transaction value: -$521,856
SEC form: 4
Accepted by SEC: 27 Feb 2023, 17:05:55 UTC
Prior SEC filing: 23 Feb 2023
Source filing: View source filing
Reporting owner signature: Beach Point GP LLC /s/Lawrence M. Goldman By: Lawrence M. Goldman Authorized Signatory

Key filing fact

Beach Point Capital Management LP filed Form 4 for Terran Orbital Corp on 27 Feb 2023.

Key facts

This page summarizes Beach Point Capital Management LP's Form 4 filing for Terran Orbital Corp.
3 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 27 Feb 2023, 17:05.

Change

Previous filing in this sequence was filed on 23 Feb 2023.
Current net transaction value: -$521,856.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LLAP transaction

Common Stock

Sale

Transaction value: $119,190
Shares: -39,467
Change %: -5.9%
Price: $3.02
Shares after: 628,709
Date: 27 Feb 2023
Ownership: By: Beach Point SCF IV LLC

LLAP transaction

Common Stock

Sale

Transaction value: $161,066
Shares: -53,333
Change %: -5.9%
Price: $3.02
Shares after: 849,607
Date: 27 Feb 2023
Ownership: By: Beach Point TX SCF LP

LLAP transaction

Common Stock

Sale

Transaction value: $241,600
Shares: -80,000
Change %: -5.9%
Price: $3.02
Shares after: 1,274,410
Date: 27 Feb 2023
Ownership: By: Beach Point SCF Multi-Port LP

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Beach Point Capital Management LP is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

SEC 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.