Anthony J. Gingiss - Feb 24, 2023 Form 4 Insider Report for Virgin Orbit Holdings, Inc. (VORBQ)

Role
Chief Operating Officer
Signature
/s/ Derrick Boston, Attorney-in-fact
Stock symbol
VORBQ
Transactions as of
Feb 24, 2023
Transactions value $
-$16,483
Form type
4
Date filed
2/28/2023, 04:32 PM
Previous filing
Aug 1, 2022
Next filing
Jun 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VORBQ Common stock Tax liability -$16.5K -12.5K -12.49% $1.32* 87.5K Feb 24, 2023 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.