Goldsmith Carl H's Form 4 filing
Terran Orbital Corp (LLAP) · filed Jul 15, 2022
- Accession no.
- 0001104659-22-080290
- Filed
- Jul 15, 2022, 8:56 PM ET
- Trade date
- Jun 24-Jul 15, 2022
- Filing delay
- 21 daysLate
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 20 non-derivative transactions. Open-market sales total $1.79M. It was filed 21 days after the trade, past the 2-business-day deadline.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Goldsmith Carl HCIK 0001226862 | 10% Owner |
| Beach Point Capital Management LPCIK 0001453885 | 10% Owner |
| Beach Point GP LLCCIK 0001455152 | 10% Owner |
| Beach Point Select Fund LPCIK 0001531824 | 10% Owner |
| Beach Point Advisors LLCCIK 0001537618 | 10% Owner |
| BPC Opportunities Fund III LPCIK 0001684300 | 10% Owner |
| Klein Scott MartinCIK 0001770106 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 24, 2022 | Common stock | SSaleDisposed | −177,507 | $5.13 | −$910,610.91 | 11,445,211 | Indirect | |
| Jun 27, 2022 | Common stock | SSaleDisposed | −26,216 | $5.05 | −$132,390.8 | 11,418,995 | Indirect | |
| Jun 28, 2022 | Common stock | SSaleDisposed | −1,124 | $5.05 | −$5,676.2 | 11,417,871 | Indirect | |
| Jun 29, 2022 | Common stock | SSaleDisposed | −8,449 | $4.53 | −$38,273.97 | 11,409,422 | Indirect | |
| Jun 30, 2022 | Common stock | SSaleDisposed | −13,092 | $4.66 | −$61,008.72 | 11,396,330 | Indirect | |
| Jul 7, 2022 | Common stock | SSaleDisposed | −13,264 | $4.82 | −$63,932.48 | 11,383,066 | Indirect | |
| Jul 8, 2022 | Common stock | SSaleDisposed | −17,102 | $5.15 | −$88,075.3 | 11,365,964 | Indirect | |
| Jul 13, 2022 | Common stock | SSaleDisposed | −7,581 | $4.59 | −$34,796.79 | 11,358,383 | Indirect | |
| Jul 14, 2022 | Common stock | SSaleDisposed | −5,572 | $4.53 | −$25,241.16 | 11,352,811 | Indirect | |
| Jul 15, 2022 | Common stock | SSaleDisposed | −7,587 | $4.55 | −$34,520.85 | 11,345,224 | Indirect | |
| Jun 24, 2022 | Common stock | SSaleDisposed | −50,352 | $5.13 | −$258,305.76 | 3,246,604 | Indirect | |
| Jun 27, 2022 | Common stock | SSaleDisposed | −7,436 | $5.05 | −$37,551.8 | 3,239,168 | Indirect | |
| Jun 28, 2022 | Common stock | SSaleDisposed | −319 | $5.05 | −$1,610.95 | 3,238,849 | Indirect | |
| Jun 29, 2022 | Common stock | SSaleDisposed | −2,397 | $4.53 | −$10,858.41 | 3,236,452 | Indirect | |
| Jun 30, 2022 | Common stock | SSaleDisposed | −3,714 | $4.66 | −$17,307.24 | 3,232,738 | Indirect | |
| Jul 7, 2022 | Common stock | SSaleDisposed | −3,763 | $4.82 | −$18,137.66 | 3,228,975 | Indirect | |
| Jul 8, 2022 | Common stock | SSaleDisposed | −4,851 | $5.15 | −$24,982.65 | 3,224,124 | Indirect | |
| Jul 13, 2022 | Common stock | SSaleDisposed | −2,150 | $4.59 | −$9,868.5 | 3,221,974 | Indirect | |
| Jul 14, 2022 | Common stock | SSaleDisposed | −1,581 | $4.53 | −$7,161.93 | 3,220,393 | Indirect | |
| Jul 15, 2022 | Common stock | SSaleDisposed | −2,152 | $4.55 | −$9,791.6 | 3,218,241 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
No transaction price on this filing refers to a footnote.
Remarks
(1) The reported securities are owned by BPC Opportunities Fund III LP ("Opportunities") and Beach Point Select Fund LP ("Select" and together with Opportunities, the "Funds"). The Funds may be deemed a "group" for purposes of Section 13(d) of the Exchange Act. (2) Beach Point Capital Management LP is the investment manager of each of the Funds ("Investment Manager") and Beach Point GP LLC ("Beach Point GP") is the general partner of the Investment Manager. In such capacities, Investment Manager and Beach Point GP may be deemed to share voting and dispositive power over the reported securities held by the Funds. Investment Manager and Beach Point GP each disclaims beneficial ownership of the reported securities, and this report shall not be deemed an admission that either is the beneficial owner of the reported securities, except to the extent of pecuniary interest, if any, therein. (3) Beach Point Advisors LLC, a Delaware limited liability company ("Fund GP"), is the General Partner or Managing Member of each of the Funds and Scott Klein and Carl Goldsmith are the members of the Fund GP and may be deemed to beneficially own the securities held by the Funds. Notwithstanding the foregoing, the Fund GP, Mr. Klein and Mr. Goldsmith each disclaims beneficial ownership of the reported securities and this report shall not be deemed an admission that any of the foregoing is the beneficial owner of the reported securities except to the extent of its or his respective pecuniary interest, if any, therein.