Susan J. Helms - 11 Apr 2022 Form 4 Insider Report for Virgin Orbit Holdings, Inc.

Role
Director
Signature
/s/ Derrick Boston, Attorney-in-fact
Issuer symbol
N/A
Transactions as of
11 Apr 2022
Net transactions value
$0
Form type
4
Filing time
02 May 2022, 16:12:55 UTC
Previous filing
03 Jan 2022
Next filing
01 Sep 2022
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 $0 +8,109 $0.000000 8,109 11 Apr 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.