HOBART STEPHEN ALAN (SVP, Components and Modules) 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: 5/28/2024ACC: 0000950170-24-065519
Officer· SVP, Components and Modules
Since Mar 2023
-9.39K
Net shares
Net seller
$8.6K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
25K acquired · 34.39K disposed
Non-Derivative Transactions2
Common Stock, par value $0.0001 per share
Direct
Shares
+25K
Price / share
—
Trade value
—
% of position
New position
5/24/2024
0.00→25K
Common Stock, par value $0.0001 per share
Direct
Shares
−9.39K
Price / share
$0.92
Trade value
$8.64K
% of position
37.5%
5/24/2024
25K→15.61K
Total
Net shares
+15.61K
Net value
-$8.64K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.0001 per share Direct | 5/24/2024 | M · Option Exercise | +25K | — | — | New position | 0.00 | 25K |
| Common Stock, par value $0.0001 per share Direct | 5/24/2024 | F · Tax Withholding | −9.39K | $0.92 | $8.64K | 37.5% | 25K | 15.61K |
| Total | +15.61K | -$8.64K | ||||||
Derivative Transactions1
Restricted Stock Units
Direct
Converts to
Common Stock
25K shares
Shares
−25K
Strike price
0.00
Held after
200K
Exercisable
—
5/24/2024
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Common Stock25K shares | 5/24/2024 | M · Option Exercise | −25K | 0.00 | — | 200K |