MARC H. BELL - 30 Jul 2023 Form 4 Insider Report for Terran Orbital Corp (LLAP)

Role
Chief Executive Officer, Director
Signature
/s/ James S. Black, attorney-in-fact
Issuer symbol
LLAP
Transactions as of
30 Jul 2023
Transactions value $
$0
Form type
4
Filing time
01 Aug 2023, 16:23:35 UTC
Previous filing
25 May 2023
Next filing
24 Aug 2023
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LLAP Restricted Stock Units Award $0 +1,549,554 +70% $0 3,747,770 30 Jul 2023 Common Stock 1,549,554 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of LLAP common stock subject to time-based vesting over four equal annual installments occurring on each anniversary of the vesting start date. Vesting start date is July 30, 2023.