Key facts
- This page summarizes Chris Burggraeve's Form 4 filing for Virgin Group Acquisition Corp. II (GROV).
- 3 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 04 Jun 2021, 17:27.
Chris Burggraeve - 15 Mar 2021 Form 4 Insider Report for Virgin Group Acquisition Corp. II (GROV)
- Reporting relationship
- Director
- Issuer ticker
- GROV
- Reported as of
- 15 Mar 2021
- Net transaction value
- +$100,060
- Reporting owner signature
- /s/ Harold Brunink, as attorney-in-fact for Chris Burggraeve
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
Chris Burggraeve filed Form 4 for Virgin Group Acquisition Corp. II (GROV) on 04 Jun 2021.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: +$100,060.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
GROV
transaction
Derivative
Class B Ordinary Shares
Award
- Transaction value
- $60
- Shares
- +30,000
- Change %
- Price
- $0.002000*
- Shares after
- 30,000
- Date
- 15 Mar 2021
- Ownership
- Direct
- Underlying class
- Class A Ordinary Shares
- Underlying amount
- 30,000
- Exercise price
- $0.000000
- Footnotes
- F1
GROV
transaction
Derivative
Class B Shares in Virgin Group Acquisition Holdings II LLC
Purchase
- Transaction value
- $100,000
- Shares
- +10,000
- Change %
- Price
- $10.00
- Shares after
- 10,000
- Date
- 15 Mar 2021
- Ownership
- Direct
- Underlying class
- Class B Ordinary Shares
- Underlying amount
- 69,938
- Exercise price
- $0.000000
- Footnotes
- F1, F2
GROV
transaction
Derivative
Class B Shares in Virgin Group Acquisition Holdings II LLC
Other
- Transaction value
- Shares
- 0
- Change %
- 0%
- Price
- Shares after
- 10,000
- Date
- 04 Jun 2021
- Ownership
- Direct
- Underlying class
- Class B Ordinary Shares
- Underlying amount
- 278
- Exercise price
- $0.000000
- Footnotes
- F1, F2, F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
These Class B ordinary shares will automatically convert into Class A ordinary shares on a one-for-one basis for no additional consideration concurrently with or immediately following the consummation of the initial business combination by the Issuer, on a one-for-one basis, subject to the adjustments described in the Issuer's prospectus on Form S-1 filed on March 15, 2021 (the "Prospectus"). The Class B ordinary shares have no expiration date.
Footnote F2
Represents Class B Shares in Virgin Group Acquisition Holdings II LLC, a Delaware limited liability company ("Holdings"). Holdings holds an economic interest in Virgin Group Acquisition Sponsor II LLC, a Cayman Islands limited liability company (the "Sponsor"). These Class B shares in Holdings represent an indirect economic entitlement to the proceeds attributable to holdings of the Sponsor, including a number of the Class B ordinary shares of the Issuer. The Class B shares in Holdings have no expiration date.
Footnote F3
Represents a discretionary adjustment made by the manager of Holdings to the number of Class B Ordinary Shares associated with the reporting person's Class B Shares in Holdings in response to a discretionary adjustment made by the manager of the Sponsor to the number of Class B Ordinary Shares associated with Holding's interests in the Class B ordinary shares held by the Sponsor. These adjustments were made to reflect the purchase of additional warrants by the Sponsor in connection with the exercise of the overallotment option in full by the underwriters. No separate consideration was paid by Holdings or the reporting person for either of these adjustments.
Footnote F4
This discretionary adjustment did not change the number of Class B Shares in Holdings held by the reporting person, but did increase the number of Class B ordinary shares underlying those shares. The figure provided in Column 7 represents an increase in the number of Class B ordinary shares underlying the 10,000 Class B Shares in Holdings held by the reporting person as a result of the June 4, 2021 adjustment reported here. After this adjustment there are 10,000 Class B ordinary shares underlying these 70,216 Class B Shares in Holdings.