Derrick Boston - Jul 28, 2022 Form 4 Insider Report for Virgin Orbit Holdings, Inc. (VORBQ)

Role
Chief Legal Officer
Signature
/s/ Derrick Boston
Stock symbol
VORBQ
Transactions as of
Jul 28, 2022
Transactions value $
$0
Form type
4
Date filed
8/1/2022, 08:26 AM
Previous filing
Jan 6, 2022
Next filing
Feb 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VORBQ Common stock Award $0 +100K +443.32% $0.00 123K Jul 28, 2022 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, which vests as to 25% of the shares subject to the award on each six-month anniversary of July 28, 2022, subject to continued service through applicable vesting date. The restricted stock units will be settled in shares of the Issuer's common stock upon vesting.