HOBART GARY A. (See Remarks) 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: 0001209191-24-002083
Officer· See Remarks
Since Mar 2022
-51.74K
Net shares
Net seller
$44.0K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
125K acquired · 176.74K disposed
Non-Derivative Transactions2
Common Stock, par value $0.0001 per share
Direct
Shares
+125K
Price / share
—
Trade value
—
% of position
25.9%
1/22/2024
482.74K→607.74K
Common Stock, par value $0.0001 per share
Direct
Shares
−51.74K
Price / share
$0.85
Trade value
$43.98K
% of position
8.5%
1/22/2024
607.74K→556K
Total
Net shares
+73.26K
Net value
-$43.98K
| 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 | +125K | — | — | 25.9% | 482.74K | 607.74K |
| Common Stock, par value $0.0001 per share Direct | 1/22/2024 | F · Tax Withholding | −51.74K | $0.85 | $43.98K | 8.5% | 607.74K | 556K |
| Total | +73.26K | -$43.98K | ||||||
Derivative Transactions1
Restricted Stock Units
Direct
Converts to
Common Stock
125K shares
Shares
−125K
Strike price
0.00
Held after
1.66M
Exercisable
—
1/22/2024
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Common Stock125K shares | 1/22/2024 | M · Option Exercise | −125K | 0.00 | — | 1.66M |