KULA MARK (SVP, Programs) 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: 0001209191-24-002085
Officer· SVP, Programs
Since Mar 2023
-31.05K
Net shares
Net seller
$26.4K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
75K acquired · 106.05K disposed
Non-Derivative Transactions2
Common Stock, par value $0.0001 per share
Direct
Shares
+75K
Price / share
—
Trade value
—
% of position
549.4%
1/22/2024
13.65K→88.65K
Common Stock, par value $0.0001 per share
Direct
Shares
−31.05K
Price / share
$0.85
Trade value
$26.39K
% of position
35.0%
1/22/2024
88.65K→57.61K
Total
Net shares
+43.95K
Net value
-$26.39K
| 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 | +75K | — | — | 549.4% | 13.65K | 88.65K |
| Common Stock, par value $0.0001 per share Direct | 1/22/2024 | F · Tax Withholding | −31.05K | $0.85 | $26.39K | 35.0% | 88.65K | 57.61K |
| Total | +43.95K | -$26.39K | ||||||
Derivative Transactions1
Restricted Stock Units
Direct
Converts to
Common Stock
75K shares
Shares
−75K
Strike price
0.00
Held after
388.62K
Exercisable
—
1/22/2024
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Common Stock75K shares | 1/22/2024 | M · Option Exercise | −75K | 0.00 | — | 388.62K |