Wanda M. Austin - 08 Jun 2023 Form 4 Insider Report for Virgin Galactic Holdings, Inc (SPCE)

Role: Director
Signature: /s/ Sarah Kim, Attorney-in-Fact for Wanda M. Austin
Issuer symbol: SPCE
Transactions as of: 08 Jun 2023
Net transactions value: $0
Form type: 4
Filing time: 09 Jun 2023, 16:45:58 UTC
Previous filing: 02 Jun 2023
Next filing: 01 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SPCE	Common Stock	Award	$0	+30,414	+54%	$0.000000	87,177	08 Jun 2023	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 (RSUs), which vests in full on the one-year anniversary of the grant date; provided that, if (i) Reporting Person will not stand for re-election to continue to serve on the Board following the date of the Issuer's next annual meeting of stockholders following the grant date and (ii) the next annual meeting date is earlier than the one-year anniversary of the grant date, then the RSUs will vest on the next annual meeting date. The RSUs will be settled in shares of the Issuer's common stock upon vesting.

Content

Represents an award of restricted stock units (RSUs), which vests in full on the one-year anniversary of the grant date; provided that, if (i) Reporting Person will not stand for re-election to continue to serve on the Board following the date of the Issuer's next annual meeting of stockholders following the grant date and (ii) the next annual meeting date is earlier than the one-year anniversary of the grant date, then the RSUs will vest on the next annual meeting date. The RSUs will be settled in shares of the Issuer's common stock upon vesting.

Remarks:

Exhibit 24 - Power of Attorney