Statement of Changes in Beneficial Ownership (4)
September 20 2021 - 04:00PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL
OWNERSHIP OF SECURITIES
|
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Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934 or Section 30(h) of the Investment
Company Act of 1940
|
|
1. Name
and Address of Reporting Person * QVT Financial LP |
2. Issuer Name and Ticker or Trading
Symbol MP Materials Corp. / DE [ MP ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)__X__
Director __X__
10% Owner
_____ Officer (give title
below) __X__
Other (specify below)
Director by Deputization |
(Last)
(First)
(Middle)
888 SEVENTH AVENUE, 27TH FLOOR |
3. Date of Earliest Transaction (MM/DD/YYYY)
9/16/2021
|
(Street)
NEW YORK, NY 10106
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
|
1.Title of Security
(Instr. 3) |
2. Trans. Date |
2A. Deemed Execution Date, if any |
3. Trans. 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 |
9/16/2021 |
|
S |
|
555010 |
D |
$34.62 |
10196549 |
I (1) |
Held by Fourth Avenue FF Opportunities LP -
Series E (1) |
Class A Common Stock |
9/16/2021 |
|
S |
|
90889 |
D |
$34.62 |
1669804 |
I (1) |
Held by QVT Family Office Onshore
LP (1) |
Class A Common Stock |
9/16/2021 |
|
S |
|
449713 |
D |
$34.62 |
8262040 |
I (1) |
Held by Saratoga Park Ltd (1) |
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
|
1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. Trans. 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 |
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 of Derivative Security: 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 20,128,393 Common
Shares held by Saratoga Park Ltd., QVT Family Office Onshore LP and
Fourth Avenue FF Opportunities LP - Series E (the "QVT Funds"). 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. |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
QVT Financial LP
888 SEVENTH AVENUE, 27TH FLOOR
NEW YORK, NY 10106 |
X |
X |
|
Director by Deputization |
Signatures
|
/s/ Meg Eisner |
|
9/20/2021 |
**Signature of Reporting
Person |
Date |
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