Form 4/A for RKLB Rocket Lab Corp
Accepted 2022-09-09 00:00:00 ET · period of report 2022-09-06 · accession 0000899243-22-030760 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DA | 2022-09-09 | 2022-09-06 | RKLB | O'Donnell Shaun | EVP - Gbl Ops | M - OptEx | — | +724.8K | 905.5K | +401% | — |
| DA | 2022-09-09 | 2022-09-06 | RKLB | O'Donnell Shaun | EVP - Gbl Ops | M - OptEx | $0.00 | -724.8K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-09-06 | M | A | 724,772 | — | 905,485 | D | — | — | (F1) Represents 543,579 shares of common stock issued on settlement of Restricted Stock Units ("RSUs") on September 6, 2022, and 181,193 RSUs subject to service-based vesting. (F2) Each RSU represents a contingent right to receive one share of the issuer's common stock upon settlement. The number of shares of common stock issued on settlement on September 6, 2022 and remaining RSUs were incorrectly described in the reporting person's original Form 4. (F3) Includes 543,579 shares of common stock issued on settlement of RSUs on September 6, 2022; 181,193 RSUs previously reported in Table II that remain subject to service-based vesting requirements described in note 4 below; and 180,713 shares of common stock. The number of shares of common stock issued on settlement on September 6, 2022 and remaining RSUs were incorrectly described in the reporting person's original Form 4 |
| 2 | Derivative | Restricted Stock Units | 2022-09-06 | M | D | 724,772 | $0.00 | 0 | D | — · — to — | 724,772 Common Stock | (F4) The RSUs are subject to both a service-based vesting condition and liquidity-based vesting condition. The liquidity-based vesting condition was waived by the Board for these RSUs on September 6, 2022. One-sixteenth of the RSUs satisfied the service-based vesting condition at the end of each calendar quarter beginning June 30, 2019 and were settled for 543,579 shares of common stock on September 6, 2022, and the remaining RSUs will vest on the same schedule. As a result of the waiver of the liquidity-based vesting condition, the reporting person has elected to report the remaining unvested RSUs on Table I. The time-based vesting schedule for these RSUs was incorrectly described in the reporting person's original Form 4. |