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

Role: SVP, Chief Information Officer
Signature: /s/ Sarah Kim, Attorney-in-Fact for Alistair Burns
Stock symbol: SPCE
Transactions as of: Mar 13, 2024
Transactions value $: $0
Form type: 4
Date filed: 3/15/2024, 04:11 PM
Previous filing: Feb 27, 2024
Next filing: Mar 26, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SPCE	Common Stock	Award	$0	+230K	+148.06%	$0.00	386K	Mar 13, 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.

Content

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.