Alistair Burns - Mar 16, 2023 Form 4 Insider Report for Virgin Galactic Holdings, Inc (SPCE)

Role
Reporting Person's title: Senior Vice President, Chief Information Officer
Signature
/s/ Aaron Futch, Attorney-in-Fact for Alistair Burns
Stock symbol
SPCE
Transactions as of
Mar 16, 2023
Transactions value $
$0
Form type
4
Date filed
3/20/2023, 09:43 PM
Previous filing
Feb 27, 2023
Next filing
Mar 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPCE Common Stock Award $0 +71.8K +78.14% $0.00 164K Mar 16, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock units (the "RSUs"), which will vest with respect to 25% of the RSUs on March 16, 2024, and the remaining 75% of the RSUs will vest in 12 quarterly installments thereafter, beginning June 16, 2024, subject to the Reporting Person's continued service through the applicable vesting date. The RSUs will be settled in shares of the Issuer's common stock upon vesting.

Remarks:

Reporting Person's title: Senior Vice President, Chief Information Officer