Home > Insider Trading > Filing (0001062993-24-018212)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1835512	Terran Orbital Corp	LLAP	Guided Missiles & Space Vehicles & Parts (3760)	MD

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
936468	Lockheed Martin Corp	6801 Rockledge Drive Bethesda MD 20817		No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2024-10-30	1,000	$0.00	1,000	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Footnotes

On October 30, 2024, pursuant to the Agreement and Plan of Merger, dated as of August 15, 2024, by and among the Reporting Person, Tholian Merger Sub, Inc., a wholly owned subsidiary of the Reporting Person ("Merger Sub"), and the Issuer, on Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer continuing as the surviving corporation and a wholly owned subsidiary of the Reporting Person. Prior to completion of the Merger, the shares of common stock of the Issuer previously directly owned by Astrolink International, LLC, an indirect wholly owned subsidiary of the Reporting Person, were contributed to the Reporting Person.
At the effective time of the Merger (the "Effective Time"), the 13,481,857 shares of common stock of the Issuer owned by the Reporting Person immediately prior to the Effective Time were cancelled for no consideration, and the Reporting Person became the direct beneficial owner of 1,000 shares of common stock of the surviving corporation, representing 100% of the issued and outstanding shares of common stock of the surviving corporation. In connection with the consummation of the Merger, on October 30, 2024, all Senior Secured Convertible Notes due 2027 and warrants to purchase shares of common stock held by the Reporting Person, which were previously reported in Table II of the Reporting Person's previous Section 16 filings with respect to the Issuer's securities, were canceled for no consideration.