Alistair Burns - 13 Mar 2024 Form 4 Insider Report for Virgin Galactic Holdings, Inc (SPCE)

Signature
/s/ Sarah Kim, Attorney-in-Fact for Alistair Burns
Issuer symbol
SPCE
Transactions as of
13 Mar 2024
Net transactions value
$0
Form type
4
Filing time
15 Mar 2024, 16:11:28 UTC
Previous filing
27 Feb 2024
Next filing
26 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPCE Common Stock Award $0 +230,115 +148% $0.000000 385,538 13 Mar 2024 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 13, 2025, and the remaining 75% of the RSUs, will vest in 12 quarterly installments thereafter, beginning June 13, 2025, 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.