## Filing Overview **Insider Name**: [[Michael D. Griffin]] **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 (Restricted Stock Units) **Number of Shares**: 608,256 RSUs **Ownership Form**: Direct (D) --- ## Notes - **Initial filing** for [[Michael D. Griffin]] as a **Director** of Rocket Lab USA, Inc. - Ownership includes **608,256 restricted stock units (RSUs)** subject to time-based vesting conditions, with **1/12 vesting quarterly from July 30, 2020**. Liquidity-based vesting conditions were satisfied upon Rocket Lab's IPO on **August 25, 2021**. - Additional **49,152 earnout rights** tied to performance conditions based on Rocket Lab's stock price achieving a **$20 closing price for 20 of 30 consecutive days** between **November 23, 2021, and February 21, 2022**. --- ## Filing ![[eec3f335-b941-42af-bac5-107810904b2b.pdf]]