James H. Litinsky - Jan 12, 2025 Form 4 Insider Report for MP Materials Corp. / DE (MP)

Role
Chairman and CEO, Director, 10%+ Owner
Signature
/s/ Elliot D. Hoops, Attorney-In-Fact for James H. Litinsky
Stock symbol
MP
Transactions as of
Jan 12, 2025
Transactions value $
-$623,074
Form type
4
Date filed
1/14/2025, 08:29 PM
Previous filing
Dec 4, 2024
Next filing
Feb 6, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MP Common Stock Tax liability -$520K -26.3K -8.1% $19.75 299K Jan 12, 2025 Direct F1
transaction MP Common Stock Tax liability -$103K -5.29K -1.77% $19.53 293K Jan 13, 2025 Direct F2
transaction MP Common Stock Award $0 +119K +40.59% $0.00 412K Jan 13, 2025 Direct F3
holding MP Common Stock 16M Jan 12, 2025 Held by James Henry Litinsky, Trustee of James Henry Litinsky Revocable Trust u/a/d 10/19/2011 F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld to satisfy tax withholding obligations applicable to the vesting of restricted stock units that vested on January 12, 2025.
F2 Represents shares withheld to satisfy tax withholding obligations applicable to the vesting of restricted stock units that vested on January 13, 2025.
F3 The securities reported are restricted stock units that vest in four annual installments beginning on the first anniversary of the grant date. Each restricted stock unit represents the contingent right to receive, upon vesting of the unit, one share of the issuer's common stock.
F4 James Litinsky as sole trustee of the James Henry Litinsky, Trustee of James Henry Litinsky Revocable Trust u/a/d 10/19/2011.