Mark Kula - 23 May 2024 Form 4 Insider Report for Terran Orbital Corp

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
28 May 2024, 19:21:09 UTC
Prior SEC filing
23 Jan 2024
Next SEC filing
30 Oct 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Austin S. Elliott, attorney-in-fact

Key filing fact

Mark Kula filed Form 4 for Terran Orbital Corp on 28 May 2024.

Key facts

  • This page summarizes Mark Kula's Form 4 filing for Terran Orbital Corp.
  • 9 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 28 May 2024, 19:21.

Change

  • Previous filing in this sequence was filed on 23 Jan 2024.
  • Current net transaction value: -$9,078.

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
+3,448
Change %
+6%
Price
$0.000000
Shares after
61,054
Date
23 May 2024
Ownership
Direct
Footnotes
F1
LLAP transaction

Common Stock, par value $0.0001 per share

Tax liability

Transaction value
$1,413
Shares
-1,519
Change %
-2.5%
Price
$0.9300
Shares after
59,535
Date
23 May 2024
Ownership
Direct
Footnotes
F2
LLAP transaction

Common Stock, par value $0.0001 per share

Options Exercise

Transaction value
$0
Shares
+3,448
Change %
+5.8%
Price
$0.000000
Shares after
62,983
Date
24 May 2024
Ownership
Direct
Footnotes
F1
LLAP transaction

Common Stock, par value $0.0001 per share

Tax liability

Transaction value
$1,343
Shares
-1,429
Change %
-2.3%
Price
$0.9400
Shares after
61,554
Date
24 May 2024
Ownership
Direct
Footnotes
F2
LLAP transaction

Common Stock, par value $0.0001 per share

Options Exercise

Transaction value
$0
Shares
+15,689
Change %
+25%
Price
$0.000000
Shares after
77,243
Date
28 May 2024
Ownership
Direct
Footnotes
F1
LLAP transaction

Common Stock, par value $0.0001 per share

Tax liability

Transaction value
$6,322
Shares
-6,726
Change %
-8.7%
Price
$0.9400
Shares after
70,517
Date
28 May 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
-3,448
Change %
-0.89%
Price
$0.000000
Shares after
385,168
Date
23 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
3,448
Exercise price
$0.000000
Footnotes
F3
LLAP transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-3,448
Change %
-0.9%
Price
$0.000000
Shares after
381,720
Date
24 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
3,448
Exercise price
$0.000000
Footnotes
F4
LLAP transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-15,689
Change %
-4.1%
Price
$0.000000
Shares after
366,031
Date
28 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
15,689
Exercise price
$0.000000
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

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

Footnote F2

Shares sold to cover tax obligations and fees applicable to the 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 February 3, 2022, the vesting start date.

Footnote F4

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 February 4, 2022, the vesting start date.

Footnote F5

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 April 1, 2022, the vesting start date.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .