Michelle Kley - 16 Mar 2022 Form 4 Insider Report for Virgin Galactic Holdings, Inc (SPCE)

Signature
/s/ Michelle Kley
Issuer symbol
SPCE
Transactions as of
16 Mar 2022
Net transactions value
$0
Form type
4
Filing time
18 Mar 2022, 21:26:07 UTC
Next filing
25 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPCE Common Stock Award $0 +115,900 +413% $0.000000 143,958 16 Mar 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 (the "RSUs"), which will vest with respect to 25% of the RSUs on March 16, 2023, and the remaining 75% of the RSUs, will vest in 12 quarterly installments thereafter, beginning on June 16, 2023, 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.