Gary A. Hobart - 12 Jun 2024 Form 4 Insider Report for Terran Orbital Corp

Reporting relationship
Chief Financial Officer, EVP
Issuer ticker
N/A
Reported as of
12 Jun 2024
Net transaction value
-$67,796
Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
13 Jun 2024, 19:02:04 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/ Stephanie McMenamy, attorney-in-fact

Key filing fact

Gary A. Hobart filed Form 4 for Terran Orbital Corp on 13 Jun 2024.

Key facts

  • This page summarizes Gary A. Hobart's Form 4 filing for Terran Orbital Corp.
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 13 Jun 2024, 19:02.

Change

  • Previous filing in this sequence was filed on 23 Jan 2024.
  • Current net transaction value: -$67,796.

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
+241,369
Change %
+43%
Price
$0.000000
Shares after
797,366
Date
12 Jun 2024
Ownership
Direct
Footnotes
F1
LLAP transaction

Common Stock, par value $0.0001 per share

Tax liability

Transaction value
$67,796
Shares
-78,832
Change %
-9.9%
Price
$0.8600
Shares after
718,534
Date
12 Jun 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
-241,369
Change %
-15%
Price
$0.000000
Shares after
1,422,397
Date
12 Jun 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
241,369
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 sold to cover tax obligations and fees applicable to the settlement of vested restricted stock units.

Footnote F3

The restricted stock units vest in four equal annual installments on each anniversary of March 15, 2021, the vesting start date.

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