Melina E. Higgins - Dec 29, 2021 Form 4 Insider Report for Virgin Orbit Holdings, Inc. (VORBQ)

Role: FORMER DIRECTOR
Signature: By /s/ Patrick T. Ford as attorney-in-fact for Melina E. Higgins
Stock symbol: VORBQ
Transactions as of: Dec 29, 2021
Transactions value $: $1,250,000
Form type: 4
Date filed: 1/3/2022, 06:37 PM
Previous filing: Dec 23, 2021
Next filing: Jan 4, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VORBQ	Common Stock	Award	$1.25M	+125K		$10.00^*	125K	Dec 29, 2021	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Melina E. Higgins is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Reflects Issuer's common stock acquired from the Issuer pursuant to a Subscription Agreement in connection with the business combination of NextGen Acquisition Corp. II (the former name of the Issuer) and Virgin Orbit Holdings, Inc. (formerly known as Virgin Orbit) (such business combination, the "Business Combination"), which closed on December 29, 2021. The reporting person resigned as a director of the Issuer upon consummation of the Business Combination.

Content

Reflects Issuer's common stock acquired from the Issuer pursuant to a Subscription Agreement in connection with the business combination of NextGen Acquisition Corp. II (the former name of the Issuer) and Virgin Orbit Holdings, Inc. (formerly known as Virgin Orbit) (such business combination, the "Business Combination"), which closed on December 29, 2021. The reporting person resigned as a director of the Issuer upon consummation of the Business Combination.