Katharina G. Mcfarland - Apr 11, 2022 Form 4 Insider Report for Virgin Orbit Holdings, Inc. (VORBQ)

Role
Director
Signature
/s/ Derrick Boston, Attorney-in-fact
Stock symbol
VORBQ
Transactions as of
Apr 11, 2022
Transactions value $
$0
Form type
4
Date filed
5/5/2022, 09:36 PM
Previous filing
Jan 3, 2022
Next filing
Jun 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VORBQ Common stock Award $0 +8.11K $0.00 8.11K Apr 11, 2022 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, which vests as to one-third of the shares subject to the award on each anniversary of December 29, 2021 (the closing date of the Issuer's SPAC Merger), subject to continued service through applicable vesting date. The restricted stock units will be settled in shares of the Issuer's common stock upon vesting.