4//SEC Filing
Kim Sarah E 4
Accession 0000899243-22-037931
CIK 0001706946other
Filed
Dec 6, 7:00 PM ET
Accepted
Dec 7, 7:08 PM ET
Size
9.2 KB
Accession
0000899243-22-037931
Insider Transaction Report
Form 4
Kim Sarah E
EVP, CLO & Corporate Secretary
Transactions
- Award
Common Stock
2022-12-05+145,391→ 189,008 total - Award
Common Stock
2022-12-05+48,464→ 237,472 total - Award
Common Stock
2022-12-05+43,617→ 43,617 total
Footnotes (3)
- [F1]Represents an award of restricted stock units (the "RSUs"), which will vest with respect to 50% of the RSUs on June 5, 2023 and the remaining 50% of the RSUs will vest on December 5, 2023, subject to the Reporting Person's continued service through the applicable vesting date. The RSUs will be settled in shares of the Issuer's common stock upon vesting.
- [F2]Represents an award of RSUs, which will vest with respect to 25% of the RSUs on December 5, 2023 and the remaining 75% of the RSUs will vest in 12 quarterly installments beginning on December 5, 2023, subject to the Reporting Person's continued service through the applicable vesting date. The RSUs will be settled in shares of the Issuer's common stock upon vesting.
- [F3]Represents an award of performance share units ("PSUs"), each of which represents a contingent right to receive one share of the Issuer's common stock. The PSUs will vest based on the achievement of growth rates in the price of the Issuer's common stock between the award date and March 16, 2025, subject to earlier vesting in certain circumstances described in the applicable award agreement. The amount reported herein represents the target amount under the PSU award.
Documents
Issuer
Virgin Galactic Holdings, Inc
CIK 0001706946
Entity typeother
Related Parties
1- filerCIK 0001955335
Filing Metadata
- Form type
- 4
- Filed
- Dec 6, 7:00 PM ET
- Accepted
- Dec 7, 7:08 PM ET
- Size
- 9.2 KB