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Ownership Document
|
| Schema Version: X0306 |
| Document Type: 4 |
| Period of Report: 11/23/22 |
| Not Subject to Section 16: 0 |
| Issuer: |
| Issuer CIK: 1835512 |
| Issuer Name: Terran Orbital Corp |
| Issuer Trading Symbol: LLAP |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1098240 |
| | Owner Name: SCLAVOS STRATTON D |
| 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 |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock, par value $0.0001 per share |
| | Transaction Date: |
| | | Value: 11/23/22 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: J |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 310,333 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 0.00 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 103,442 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock, par value $0.0001 per share |
| | Transaction Date: |
| | | Value: 11/23/22 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: J |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 103,442 |
| Footnote ID: F2 |
| | | Transaction Price Per Share: |
| Value: 0.00 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 0 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnotes: |
| Footnote - F1: Represents a distribution, and not a purchase or sale, without additional consideration to a co-investor in Terran Orbital pursuant to a preexisting business arrangement. |
| Footnote - F2: Represents a transfer to a creditor holding a security interest in the shares. |
| Remarks: See Exhibit 24.1 - Power of Attorney |
| Owner Signature: |
| Signature Name: /s/ James S. Black, attorney-in-fact |
| Signature Date: 11/29/22 |
