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: 1/23/2024ACC: 0001209191-24-002078
Officer· SVP & CIO
Since Mar 2023
-8.98K
Net shares
Net seller
$7.6K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
25K acquired · 33.98K disposed
Non-Derivative Transactions2
Common Stock, par value $0.0001 per share
Direct
Shares
+25K
Price / share
—
Trade value
—
% of position
285.7%
1/22/2024
8.75K→33.75K
Common Stock, par value $0.0001 per share
Direct
Shares
−8.98K
Price / share
$0.85
Trade value
$7.64K
% of position
26.6%
1/22/2024
33.75K→24.77K
Total
Net shares
+16.02K
Net value
-$7.64K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.0001 per share Direct | 1/22/2024 | M · Option Exercise | +25K | — | — | 285.7% | 8.75K | 33.75K |
| Common Stock, par value $0.0001 per share Direct | 1/22/2024 | F · Tax Withholding | −8.98K | $0.85 | $7.64K | 26.6% | 33.75K | 24.77K |
| Total | +16.02K | -$7.64K | ||||||
Derivative Transactions1
Restricted Stock Units
Direct
Converts to
Common Stock
25K shares
Shares
−25K
Strike price
0.00
Held after
135K
Exercisable
—
1/22/2024
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Common Stock25K shares | 1/22/2024 | M · Option Exercise | −25K | 0.00 | — | 135K |