Jeffrey Moslow - 29 Dec 2021 Form 4 Insider Report for Virgin Orbit Holdings, Inc.

Role: FORMER DIRECTOR
Signature: By /s/ Patrick T. Ford as attorney-in-fact for Jeffrey M. Moslow
Issuer symbol: N/A
Transactions as of: 29 Dec 2021
Net transactions value: +$1,250,000
Form type: 4
Filing time: 03 Jan 2022, 18:39:55 UTC
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VORBQ	Common Stock	Award	$1,250,000	+125,000		$10.00^*	125,000	29 Dec 2021	See Footnote	F1, F2

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

Jeffrey Moslow 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.
F2	Reflects securities held directly by Sterling Capital LLC. On the basis of the reporting person's relationship with Sterling Capital LLC, the reporting person may be deemed a beneficial owner of the securities held by Sterling Capital LLC. The reporting person disclaims beneficial ownership of the securities held by Sterling Capital LLC, except to the extent of his pecuniary interest therein.

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.

Reflects securities held directly by Sterling Capital LLC. On the basis of the reporting person's relationship with Sterling Capital LLC, the reporting person may be deemed a beneficial owner of the securities held by Sterling Capital LLC. The reporting person disclaims beneficial ownership of the securities held by Sterling Capital LLC, except to the extent of his pecuniary interest therein.