Douglas T. Ahrens - Mar 13, 2024 Form 4 Insider Report for Virgin Galactic Holdings, Inc (SPCE)

Role: EVP, CFO & Treasurer
Signature: /s/ Sarah Kim, Attorney-in-Fact for Douglas T. Ahrens
Stock symbol: SPCE
Transactions as of: Mar 13, 2024
Transactions value $: $0
Form type: 4
Date filed: 3/15/2024, 04:17 PM
Previous filing: Mar 14, 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	+1.42M		$0.00	1.42M	Mar 13, 2024	Common Stock	1.42M		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.

Content

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.