Key facts
- This page summarizes LOCKHEED MARTIN CORP's Form 4 filing for Terran Orbital Corp.
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 01 Nov 2024, 17:49.
LOCKHEED MARTIN CORP - 30 Oct 2024 Form 4 Insider Report for Terran Orbital Corp
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- N/A
- Reported as of
- 30 Oct 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 01 Nov 2024, 17:49:28 UTC
- Prior SEC filing
- 02 Nov 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Lockheed Martin Corporation, by John E. Stevens, Vice President, Associate General Counsel
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
LOCKHEED MARTIN CORP filed Form 4 for Terran Orbital Corp on 01 Nov 2024.
Change
- Previous filing in this sequence was filed on 02 Nov 2022.
- Current net transaction value: $0.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
LLAP
transaction
Common Stock
Purchase
- Transaction value
- Shares
- +1,000
- Change %
- Price
- Shares after
- 1,000
- Date
- 30 Oct 2024
- Ownership
- Direct
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
LOCKHEED MARTIN CORP is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 2 footnotes
Footnote F1
On October 30, 2024, pursuant to the Agreement and Plan of Merger, dated as of August 15, 2024, by and among the Reporting Person, Tholian Merger Sub, Inc., a wholly owned subsidiary of the Reporting Person ("Merger Sub"), and the Issuer, on Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer continuing as the surviving corporation and a wholly owned subsidiary of the Reporting Person. Prior to completion of the Merger, the shares of common stock of the Issuer previously directly owned by Astrolink International, LLC, an indirect wholly owned subsidiary of the Reporting Person, were contributed to the Reporting Person.
Footnote F2
At the effective time of the Merger (the "Effective Time"), the 13,481,857 shares of common stock of the Issuer owned by the Reporting Person immediately prior to the Effective Time were cancelled for no consideration, and the Reporting Person became the direct beneficial owner of 1,000 shares of common stock of the surviving corporation, representing 100% of the issued and outstanding shares of common stock of the surviving corporation. In connection with the consummation of the Merger, on October 30, 2024, all Senior Secured Convertible Notes due 2027 and warrants to purchase shares of common stock held by the Reporting Person, which were previously reported in Table II of the Reporting Person's previous Section 16 filings with respect to the Issuer's securities, were canceled for no consideration.