## Filing Overview
**Insider Name**: [[Merline Saintil]]
**Type of Filing**: [[Filing Definitions#Form 3|Form 3]]
**Filing Date**: 2021-09-07
**Transaction Date**: 2021-08-25
**Transaction Type**: Initial Statement of Beneficial Ownership
**Number of Shares**: 362,386 (Restricted Stock Units)
**Additional Rights**: 29,284 (Earnout Rights)
**Transaction Price**: N/A
**Remaining Holdings**: N/A
**Change in Holdings**: N/A
---
## Notes
- This Form 3 filing reflects the initial statement of beneficial ownership of securities by [[Merline Saintil]] upon becoming a Director of Rocket Lab USA, Inc.
- The filing includes:
- **362,386 Restricted Stock Units (RSUs)**, which vest quarterly over three months starting June 1, 2021, and are contingent upon either a sale event or an IPO before June 3, 2028.
- **29,284 Earnout Rights**, contingent on Rocket Lab's stock price reaching $20 per share for at least 20 out of 30 consecutive trading days within a specified post-IPO period.
- The earnout rights will be forfeited if the stock price target is not achieved within the designated period.
---
## Filing
![[9a25b514-74d0-4e16-a8a3-4983e4101aca.pdf]]