Alistair Burns - 16 Mar 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
Issuer symbol
SPCE
Transactions as of
16 Mar 2023
Net transactions value
$0
Form type
4
Filing time
20 Mar 2023, 21:43:32 UTC
Previous filing
27 Feb 2023
Next filing
27 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPCE Common Stock Award $0 +71,795 +78% $0.000000 163,676 16 Mar 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