GANN MATTHEW (SVP, Strategy & Business Dev.) 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: 0001209191-24-002076
Officer· SVP, Strategy & Business Dev.
Since Mar 2023
-20.70K
Net shares
Net seller
$17.6K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
50K acquired · 70.70K disposed
Non-Derivative Transactions2
Common Stock, par value $0.0001 per share
Direct
Shares
+50K
Price / share
—
Trade value
—
% of position
57.4%
1/22/2024
87.08K→137.07K
Common Stock, par value $0.0001 per share
Direct
Shares
−20.70K
Price / share
$0.85
Trade value
$17.59K
% of position
15.1%
1/22/2024
137.07K→116.38K
Total
Net shares
+29.30K
Net value
-$17.59K
| 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 | +50K | — | — | 57.4% | 87.08K | 137.07K |
| Common Stock, par value $0.0001 per share Direct | 1/22/2024 | F · Tax Withholding | −20.70K | $0.85 | $17.59K | 15.1% | 137.07K | 116.38K |
| Total | +29.30K | -$17.59K | ||||||
Derivative Transactions1
Restricted Stock Units
Direct
Converts to
Common Stock
50K shares
Shares
−50K
Strike price
0.00
Held after
399.99K
Exercisable
—
1/22/2024
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Common Stock50K shares | 1/22/2024 | M · Option Exercise | −50K | 0.00 | — | 399.99K |