James S. Black - 22 Jan 2024 Form 4 Insider Report for Terran Orbital Corp

Reporting relationship: General Counsel
Issuer ticker: N/A
Reported as of: 22 Jan 2024
Net transaction value: -$64.6
SEC form: 4
Accepted by SEC: 23 Jan 2024, 17:01:57 UTC
Prior SEC filing: 02 Oct 2023
Next SEC filing: 30 Oct 2024
Source filing: View source filing
Reporting owner signature: /s/ James S. Black

Key filing fact

James S. Black filed Form 4 for Terran Orbital Corp on 23 Jan 2024.

Key facts

This page summarizes James S. Black's Form 4 filing for Terran Orbital Corp.
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 23 Jan 2024, 17:01.

Change

Previous filing in this sequence was filed on 02 Oct 2023.
Current net transaction value: -$64.6.

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, par value $0.0001 per share

Options Exercise

Transaction value: $0
Shares: +250
Change %: +0.5%
Price: $0.000000
Shares after: 50,250
Date: 22 Jan 2024
Ownership: Direct
Footnotes: F1

LLAP transaction

Common Stock, par value $0.0001 per share

Tax liability

Transaction value: $64.6
Shares: -76
Change %: -0.15%
Price: $0.8500
Shares after: 50,174
Date: 22 Jan 2024
Ownership: Direct
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LLAP transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -250
Change %: -0.12%
Price: $0.000000
Shares after: 201,000
Date: 22 Jan 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 250
Exercise price: $0.000000
Footnotes: F3

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Shares acquired represent settlement of vested restricted stock units on a one-for-one basis.

Footnote F2

Shares withheld to pay taxes applicable to settlement of vested restricted stock units.

Footnote F3

Each restricted stock unit represents a contingent right to receive one share of LLAP common stock subject to vesting in four equal annual installments on each anniversary of November 4, 2022, the vesting start date.