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

Signature
/s/ Sarah Kim, Attorney-in-Fact for Aparna Chitale
Issuer symbol
SPCE
Transactions as of
13 Mar 2024
Net transactions value
$0
Form type
4
Filing time
15 Mar 2024, 16:13:28 UTC
Previous filing
18 Jan 2024
Next filing
11 Apr 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SPCE Restricted Stock Units Award $0 +538,794 $0.000000 538,794 13 Mar 2024 Common Stock 538,794 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 as follows: 50% of the RSUs will vest on the first anniversary of the Grant Date and the remaining 50% of the RSUs will vest on the second anniversary of the Grant Date, subject to the Reporting Person's continued service through the applicable vesting date. The RSUs may be settled in shares of the Issuer's common stock or, in the Issuer's discretion, cash, upon vesting.