Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SPCE | Common Stock | Tax liability | -$399K | -17.4K | -3.04% | $22.98* | 553K | Jul 20, 2020 | Direct | F1, F2 |
transaction | SPCE | Common Stock | Award | $0 | +82.1K | +8.44% | $0.00 | 1.06M | Mar 17, 2022 | Direct | F3, F4 |
Id | Content |
---|---|
F1 | Represents the number of shares of common stock withheld by the Issuer to cover the Reporting Person's tax withholding obligations upon the vesting of Restricted Stock Units granted on July 20, 2020. |
F2 | Represents the number of shares of common stock held by the Reporting Person as of July 20, 2020. |
F3 | Represents an award of performance share units ("PSUs"), each of which represents a contingent right to receive one share of the Issuer's common stock. The PSUs will vest based on the achievement of growth rates in the price of the Issuer's common stock between March 18, 2022 and March 17, 2025, subject to earlier vesting in certain circumstances described in the applicable award agreement. The amount reported herein represents the target amount under the PSU award. |
F4 | This Form 4 has been updated to correct the overreporting of withholdings in certain prior Form 4s of the Reporting Person. The amount reported in the final row of Column 5 of Table I reflects the number of shares of common stock held by the Reporting Person as of the date of this Form 4 filing. |
Reporting Person's title: Chief Executive Officer and President