SEC Form 4
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
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*
QVT Financial LP

(Last) (First) (Middle)
888 SEVENTH AVENUE, 43RD FLOOR

(Street)
NEW YORK NY 10106

(City) (State) (Zip)
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 10% Owner
Officer (give title below) X Other (specify below)
Director by Deputization
3. Date of Earliest Transaction (Month/Day/Year)
09/08/2022
4. If Amendment, Date of Original Filed (Month/Day/Year)
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. 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 09/08/2022 S 41,138 D $32.32 7,112,461 I(1) Held by Fourth Avenue FF Opportunities LP - Series E(1)
Class A Common Stock 09/08/2022 S 6,736 D $32.32 1,164,702 I(1) Held by QVT Family Office Onshore LP(1)
Class A Common Stock 09/08/2022 S 33,335 D $32.32 5,763,123 I(1) Held by Saratoga Park Ltd(1)
Class A Common Stock 09/08/2022 S 33,295 D $31.7 7,079,166 I(1) Held by Fourth Avenue FF Opportunities LP - Series E(1)
Class A Common Stock 09/08/2022 S 5,452 D $31.7 1,159,250 I(1) Held by QVT Family Office Onshore LP(1)
Class A Common Stock 09/08/2022 S 26,979 D $31.7 5,736,144 I(1) Held by Saratoga Park Ltd(1)
Class A Common Stock 09/09/2022 S 85,505 D $33.44 6,993,661 I(1) Held by Fourth Avenue FF Opportunities LP - Series E(1)
Class A Common Stock 09/09/2022 S 14,002 D $33.44 1,145,248 I(1) Held by QVT Family Office Onshore LP(1)
Class A Common Stock 09/09/2022 S 69,284 D $33.44 5,666,860 I(1) Held by Saratoga Park Ltd(1)
Class A Common Stock 09/12/2022 S 76,235 D $33.2 6,917,426 I(1) Held by Fourth Avenue FF Opportunities LP - Series E(1)
Class A Common Stock 09/12/2022 S 12,483 D $33.2 1,132,765 I(1) Held by QVT Family Office Onshore LP(1)
Class A Common Stock 09/12/2022 S 61,771 D $33.2 5,605,089 I(1) Held by Saratoga Park Ltd(1)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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 13,655,280 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 09/12/2022
** 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.