FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
MP Materials Corp. / DE [ MP ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 03/08/2022 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Class A Common Stock | 03/08/2022 | S | 253,290 | D | $44.02 | 9,373,900 | I(1) | Held by Fourth Avenue FF Opportunities LP - Series E(1) | ||
Class A Common Stock | 03/08/2022 | S | 41,475 | D | $44.02 | 1,535,073 | I(1) | Held by QVT Family Office Onshore LP(1) | ||
Class A Common Stock | 03/08/2022 | S | 205,235 | D | $44.02 | 7,595,476 | I(1) | Held by Saratoga Park Ltd(1) | ||
Class A Common Stock | 03/08/2022 | S | 50,658 | D | $43.71 | 9,323,242 | I(1) | Held by Fourth Avenue FF Opportunities LP - Series E(1) | ||
Class A Common Stock | 03/08/2022 | S | 8,295 | D | $43.71 | 1,526,778 | I(1) | Held by QVT Family Office Onshore LP(1) | ||
Class A Common Stock | 03/08/2022 | S | 41,047 | D | $43.71 | 7,554,429 | I(1) | Held by Saratoga Park Ltd(1) | ||
Class A Common Stock | 03/09/2022 | S | 216,860 | D | $45.28 | 9,106,382 | I(1) | Held by Fourth Avenue FF Opportunities LP - Series E(1) | ||
Class A Common Stock | 03/09/2022 | S | 35,510 | D | $45.28 | 1,491,268 | I(1) | Held by QVT Family Office Onshore LP(1) | ||
Class A Common Stock | 03/09/2022 | S | 175,716 | D | $45.28 | 7,378,713 | I(1) | Held by Saratoga Park Ltd(1) | ||
Class A Common Stock | 03/10/2022 | S | 51,939 | D | $45.25 | 9,054,443 | I(1) | Held by Fourth Avenue FF Opportunities LP - Series E(1) | ||
Class A Common Stock | 03/10/2022 | S | 8,505 | D | $45.25 | 1,482,763 | I(1) | Held by QVT Family Office Onshore LP(1) | ||
Class A Common Stock | 03/10/2022 | S | 42,085 | D | $45.25 | 7,336,628 | I | Held by Saratoga Park Ltd(1) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Explanation of Responses: |
1. QVT Financial LP and its general partner, QVT Financial GP LLC (together, "QVT"), may be deemed to have beneficial ownership over the 17,873,834 Common Shares held by Saratoga Park Ltd., QVT Family Office Onshore LP and Fourth Avenue FF Opportunities LP - Series E. The filing of this statement shall not be deemed an admission that QVT is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. QVT expressly disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein. Fourth Avenue Capital Partners GP LLC is the general partner of Fourth Avenue FF Opportunities LP - Series E and may also be deemed to have beneficial ownership over the Common Shares held by Fourth Avenue FF Opportunities LP - Series E. |
Remarks: |
/s/ Meg Eisner | 03/10/2022 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |