BAYS RICHARD (SVP & CIO) exercised options at TERRAN ORBITAL CORP
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 7/5/2024ACC: 0000950170-24-081919
Officer· SVP & CIO
Since Mar 2023
-2.80K
Net shares
Net seller
$2.2K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
8.75K acquired · 11.55K disposed
Non-Derivative Transactions2
Common Stock, par value $0.0001 per share
Direct
Shares
+8.75K
Price / share
—
Trade value
—
% of position
35.3%
7/2/2024
24.77K→33.52K
Common Stock, par value $0.0001 per share
Direct
Shares
−2.80K
Price / share
$0.79
Trade value
$2.21K
% of position
8.4%
7/2/2024
33.52K→30.72K
Total
Net shares
+5.95K
Net value
-$2.21K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.0001 per share Direct | 7/2/2024 | M · Option Exercise | +8.75K | — | — | 35.3% | 24.77K | 33.52K |
| Common Stock, par value $0.0001 per share Direct | 7/2/2024 | F · Tax Withholding | −2.80K | $0.79 | $2.21K | 8.4% | 33.52K | 30.72K |
| Total | +5.95K | -$2.21K | ||||||
Derivative Transactions1
Restricted Stock Units
Direct
Converts to
Common Stock
8.75K shares
Shares
−8.75K
Strike price
0.00
Held after
151.25K
Exercisable
—
7/2/2024
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Common Stock8.75K shares | 7/2/2024 | M · Option Exercise | −8.75K | 0.00 | — | 151.25K |