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Sclavos Stratton D – ‘4’ for 3/27/24 re: Terran Orbital Corp.

On:  Wednesday, 4/3/24, at 5:59pm ET   ·   For:  3/27/24   ·   As:  Director   ·   Accession #:  950170-24-41363   ·   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  Sclavos Stratton D                4          Director    1:9K   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      9K 
                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:  3/27/24
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
Aff 10b5 One?  No
Non-Derivative Table:
Non-Derivative Transaction:
Security Title:
Value:  Common Stock, par value $0.0001 per share
Transaction Date:
Value:  3/27/24
Deemed Execution Date:
Value:  4/1/24
Footnote ID:  F1
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  J
Equity Swap Involved?  No
Transaction Amounts:
Transaction Shares:
Value:  8,651
Footnote ID:  F2
Transaction Price Per Share:
Value:  0.00
Transaction Acquired-Disposed Code:
Value:  D
Footnote ID:  F2
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  189,588
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Non-Derivative Transaction:
Security Title:
Value:  Common Stock, par value $0.0001 per share
Footnote ID:  F3
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:  197,921
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Derivative Table:
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:  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:  F4
Expiration Date:
Footnote ID:  F4
Underlying Security:
Underlying Security Title:
Value:  Common Stock
Underlying Security Shares:
Value:  133,588
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  345,366
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:  4/1/24
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:  F5
Expiration Date:
Footnote ID:  F5
Underlying Security:
Underlying Security Title:
Value:  Common Stock
Underlying Security Shares:
Value:  8,333
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  337,033
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Footnotes:
Footnote - F1:  The date of execution was determined in accordance with SEC Rule 16a-3(g)(2) and (g)(4).
Footnote - F2:  Represents a distribution, and not a purchase or sale, without additional consideration to a co-investor in Terran Orbital pursuant to preexisting business arrangement.
Footnote - F3:  Shares acquired represent settlement of vested restricted stock units on a one-for-one basis.
Footnote - F4:  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 - F5:  Each restricted stock 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.
Owner Signature:
Signature Name:  /s/ James S. Black, attorney-in-fact
Signature Date:  4/3/24


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