## Filing Overview
**Insider Name**: [[Jon A. Olson]]
**Type of Filing**: [[Filing Definitions#Form 3|Form 3]]
**Filing Date**: 2021-09-07
**Transaction Date**: 2021-08-25
**Transaction Type**: Initial Statement of Ownership
**Number of Shares**: 362,386 RSUs, 29,284 Earnout Rights
**Transaction Price**: N/A
**Remaining Holdings**: N/A
**Change in Holdings**: +0%
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## Notes
- [[Jon A. Olson]] filed an initial statement of beneficial ownership of securities, disclosing holdings as a **Director** of Rocket Lab USA, Inc.
- The filing details 362,386 restricted stock units (RSUs) subject to time-based and liquidity-based vesting conditions.
- Time-based vesting occurs quarterly from **June 1, 2021**, and liquidity conditions are met through events like a sale or IPO by **June 3, 2028**.
- Additionally, 29,284 Earnout Rights were disclosed. These are contingent upon Rocket Lab stock achieving a closing price of **$20** for 20 of 30 consecutive trading days, between **November 23, 2021, and February 21, 2022**.
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## Filing
![[bc1ca966-0e44-4ac7-9df6-be64bcfc82ba.pdf]]