Virgin Investments Ltd - Aug 10, 2021 Form 4 Insider Report for Virgin Galactic Holdings, Inc (SPCE)

Role
10%+ Owner
Signature
Virgin Investments Limited By: /s/ James Cahillane, Attorney-in-fact
Stock symbol
SPCE
Transactions as of
Aug 10, 2021
Transactions value $
-$299,867,919
Form type
4
Date filed
8/12/2021, 08:47 PM
Next filing
Nov 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPCE Common Stock Sale -$50.2M -1.6M -2.81% $31.44 55.2M Aug 10, 2021 See footnote F1, F2
transaction SPCE Common Stock Sale -$40.7M -1.26M -2.28% $32.28 54M Aug 10, 2021 See footnote F2, F3
transaction SPCE Common Stock Sale -$19.7M -592K -1.1% $33.35 53.4M Aug 10, 2021 See footnote F2, F4
transaction SPCE Common Stock Sale -$10.4M -301K -0.56% $34.39 53.1M Aug 10, 2021 See footnote F2, F5
transaction SPCE Common Stock Sale -$37.6M -1.4M -2.64% $26.83 51.7M Aug 11, 2021 See footnote F2, F6
transaction SPCE Common Stock Sale -$37.5M -1.37M -2.66% $27.31 50.3M Aug 11, 2021 See footnote F2, F7
transaction SPCE Common Stock Sale -$12.7M -449K -0.89% $28.22 49.8M Aug 11, 2021 See footnote F2, F8
transaction SPCE Common Stock Sale -$12.2M -416K -0.83% $29.30 49.4M Aug 11, 2021 See footnote F2, F9
transaction SPCE Common Stock Other -57.8K -0.12% 49.4M Aug 12, 2021 See footnote F2, F10
transaction SPCE Common Stock Sale -$44M -1.71M -3.46% $25.76 47.7M Aug 12, 2021 See footnote F2, F11
transaction SPCE Common Stock Sale -$32.6M -1.23M -2.59% $26.44 46.4M Aug 12, 2021 See footnote F2, F12
transaction SPCE Common Stock Sale -$2.21M -81.2K -0.18% $27.17 46.3M Aug 12, 2021 See footnote F2, F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.005 to $31.995. The reporting persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 Virgin Investments Limited is the record holder of the common stock reported herein. Virgin Investments Limited's sole shareholder is Virgin Group Investments LLC, whose sole managing member is Corvina Holdings Limited, whose sole shareholder is Virgin Group Holdings Limited. Sir Richard Branson owns and has the ability to appoint and remove the management of Virgin Group Holdings Limited and, as such, may indirectly control the decisions of Virgin Group Holdings Limited, regarding the voting and disposition of securities owned by Virgin Group Holdings Limited. As a result, each of the foregoing entities and Mr. Branson may be deemed to share beneficial ownership of the securities held by Virgin Investments Limited.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.00 to $32.99. The reporting persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.00 to $33.99. The reporting persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.00 to $34.76. The reporting persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.50 to $26.999. The reporting persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.00 to $27.81. The reporting persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.00 to $28.845. The reporting persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.00 to $29.91. The reporting persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F10 Represents a transfer of shares in-kind to a former employee.
F11 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.51 to $25.995. The reporting persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F12 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.00 to $26.99. The reporting persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F13 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.00 to $27.40. The reporting persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.