SCLAVOS STRATTON D exercised options at TERRAN ORBITAL CORP

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 2 exercises

SCLAVOS STRATTON D

Filed: 4/4/2023ACC: 0001209191-23-023012

InsiderSCLAVOS STRATTON DCIK 1098240

→

IssuerTERRAN ORBITAL CORPCIK 1835512

Director

Since Mar 2022

+60.63K

Net shares

Net buyer

$0.00

Total acquired

Open market trades

0B · 0S

Total transactions

120.94K acquired · 60.31K disposed

Non-Derivative Transactions3

Common Stock, par value $0.0001 per share

Direct

M · Option Exercise

+17.50K

Price / share

—

Trade value

—

% of position

10.2%

4/1/2023

172.41K→189.91K

Common Stock, par value $0.0001 per share

Direct

M · Option Exercise

+8.33K

Price / share

—

Trade value

—

% of position

4.4%

4/1/2023

189.91K→198.24K

Common Stock, par value $0.0001 per share

Direct

J · J

−34.48K

Price / share

—

Trade value

—

% of position

17.4%

4/3/2023

198.24K→163.76K

Total

Net shares

−8.65K

Net value

$0.00

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock, par value $0.0001 per share Direct	4/1/2023	M · Option Exercise	+17.50K	—	—	10.2%	172.41K	189.91K
Common Stock, par value $0.0001 per share Direct	4/1/2023	M · Option Exercise	+8.33K	—	—	4.4%	189.91K	198.24K
Common Stock, par value $0.0001 per share Direct	4/3/2023	J · J	−34.48K	—	—	17.4%	198.24K	163.76K
Total			−8.65K		$0.00

Derivative Transactions3

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

17.50K shares

−17.50K

Strike price

Held after

59.48K

Exercisable

—

4/1/2023

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

8.33K shares

−8.33K

Strike price

Held after

51.15K

Exercisable

—

4/1/2023

Restricted Stock Units

Direct

A · Award

Converts to

Common Stock

95.11K shares

+95.11K

Strike price

Held after

146.26K

Exercisable

—

4/3/2023

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Units Direct	Common Stock17.50K shares	4/1/2023	M · Option Exercise	−17.50K	—	59.48K
Restricted Stock Units Direct	Common Stock8.33K shares	4/1/2023	M · Option Exercise	−8.33K	—	51.15K
Restricted Stock Units Direct	Common Stock95.11K shares	4/3/2023	A · Award	+95.11K	—	146.26K