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Manion Thomas E. – ‘4’ for 4/1/24 re: Terran Orbital Corp.

On:  Wednesday, 4/3/24, at 6:01pm ET   ·   For:  4/1/24   ·   As:  Director   ·   Accession #:  950170-24-41366   ·   File #:  1-40170

Previous ‘4’:  ‘4’ on 2/29/24 for 2/27/24   ·   Latest ‘4’:  This Filing

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 4/03/24  Manion Thomas E.                  4          Director    1:11K  Terran Orbital Corp.              Donnelley … Solutions/FA

Statement of Changes in Beneficial Ownership of Securities by an Insider   —   Form 4   —   SEA’34

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 4           Statement of Changes in Beneficial Ownership of     HTML     11K 
                Securities by an Insider -- ownership.xml/5.8


        

This ‘4’ Document is an XML Data File that may be rendered in various formats:

  Form 4    –   Plain Text   –  SEC Website  –  EDGAR System  –    XML Data    –  <?xml?> File
 
 
SEC Info℠ rendering:  Statement of Changes in Beneficial Ownership of Securities by an Insider
 

The SEC has not released XSLT Stylesheets needed to render this File’s XML Data as a Form.

This is our “Plain Text” rendering:
 
                                                                                                                                                                                
Ownership Document
 
Schema Version:  X0508
Document Type:  4
Period of Report:  4/1/24
Issuer:
Issuer CIK:  1835512
Issuer Name:  Terran Orbital Corp
Issuer Trading Symbol:  LLAP
Reporting Owner:
Reporting Owner ID:
Owner CIK:  1919545
Owner Name:  Manion Thomas E.
Reporting Owner Address:
Owner Street 1:  6800 BROKEN SOUND PKWY NW, SUITE 200
Owner Street 2:
Owner City:  BOCA RATON
Owner State:  FL
Owner ZIP Code:  33487
Owner State Description:
Reporting Owner Relationship:
Is Director?  Yes
Is Officer?  No
Is Ten Percent Owner?  No
Is Other?  No
Aff 10b5 One?  No
Non-Derivative Table:
Non-Derivative Transaction:
Security Title:
Value:  Common Stock, par value $0.0001 per share
Footnote ID:  F1
Transaction Date:
Value:  4/1/24
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  M
Equity Swap Involved?  No
Transaction Amounts:
Transaction Shares:
Value:  8,333
Transaction Price Per Share:
Value:  0
Transaction Acquired-Disposed Code:
Value:  A
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  34,166
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Non-Derivative Transaction:
Security Title:
Value:  Common Stock, par value $0.0001 per share
Footnote ID:  F1
Transaction Date:
Value:  4/3/24
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  M
Equity Swap Involved?  No
Transaction Amounts:
Transaction Shares:
Value:  95,109
Transaction Price Per Share:
Value:  0
Transaction Acquired-Disposed Code:
Value:  A
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  129,275
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Non-Derivative Transaction:
Security Title:
Value:  Common Stock, par value $0.0001 per share
Footnote ID:  F2
Transaction Date:
Value:  4/3/24
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  A
Equity Swap Involved?  No
Transaction Amounts:
Transaction Shares:
Value:  18,031
Transaction Price Per Share:
Footnote ID:  F2
Transaction Acquired-Disposed Code:
Value:  A
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  147,306
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Derivative Table:
Derivative Transaction:
Security Title:
Value:  Restricted Stock Units
Footnote ID:  F3
Conversion or Exercise Price:
Value:  0.00
Transaction Date:
Value:  4/1/24
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  A
Equity Swap Involved?  No
Transaction Amounts:
Transaction Shares:
Value:  133,588
Transaction Price Per Share:
Value:  0
Transaction Acquired-Disposed Code:
Value:  A
Exercise Date:
Footnote ID:  F3
Expiration Date:
Footnote ID:  F3
Underlying Security:
Underlying Security Title:
Value:  Common Stock
Underlying Security Shares:
Value:  133,588
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  280,364
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Derivative Transaction:
Security Title:
Value:  Restricted Stock Units
Footnote ID:  F4
Conversion or Exercise Price:
Value:  0.00
Transaction Date:
Value:  4/1/24
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  M
Equity Swap Involved?  No
Transaction Amounts:
Transaction Shares:
Value:  8,333
Transaction Price Per Share:
Value:  0
Transaction Acquired-Disposed Code:
Value:  D
Exercise Date:
Footnote ID:  F4
Expiration Date:
Footnote ID:  F4
Underlying Security:
Underlying Security Title:
Value:  Common Stock
Underlying Security Shares:
Value:  8,333
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  272,031
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Derivative Transaction:
Security Title:
Value:  Restricted Stock Units
Footnote ID:  F5
Conversion or Exercise Price:
Value:  0.00
Transaction Date:
Value:  4/3/24
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  M
Equity Swap Involved?  No
Transaction Amounts:
Transaction Shares:
Value:  95,109
Transaction Price Per Share:
Value:  0
Transaction Acquired-Disposed Code:
Value:  D
Exercise Date:
Footnote ID:  F5
Expiration Date:
Footnote ID:  F5
Underlying Security:
Underlying Security Title:
Value:  Common Stock
Underlying Security Shares:
Value:  95,109
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  176,922
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Footnotes:
Footnote - F1:  Shares acquired represent settlement of vested restricted stock units on a one-for-one basis.
Footnote - F2:  Shares of common stock issued on April 3, 2024 in lieu of cash retainers accrued for service on the Board for the period of January 1, 2024 through March 31, 2024, at a price of $1.31 per share, the closing price as of March 28, 2024.
Footnote - F3:  Includes 133,588 restricted stock units, each representing a contingent right to receive one share of LLAP common stock, subject to vesting in full on the first anniversary of April 1, 2024, the vesting start date.
Footnote - F4:  Each restricted stock unit represents a contingent right to receive one share of LLAP common stock subject to vesting in three equal annual installments on each anniversary of April 1, 2022, the vesting start date.
Footnote - F5:  Each restricted stock unit represents a contingent right to receive one share of LLAP common stock, all of which vested on April 3, 2024.
Owner Signature:
Signature Name:  /s/ James S. Black, attorney-in-fact
Signature Date:  4/3/24


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