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

Signature
/s/ Sarah Kim, Attorney-in-Fact for Aparna Chitale
Stock symbol
SPCE
Transactions as of
Mar 13, 2024
Transactions value $
$0
Form type
4
Date filed
3/15/2024, 04:13 PM
Previous filing
Jan 18, 2024
Next filing
Apr 11, 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 +539K $0.00 539K Mar 13, 2024 Common Stock 539K 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.