4//SEC Filing
Arif Rayhan 4
Accession 0000950103-21-008453
CIK 0001841761other
Filed
Jun 3, 8:00 PM ET
Accepted
Jun 4, 5:27 PM ET
Size
9.5 KB
Accession
0000950103-21-008453
Insider Transaction Report
Form 4
Arif Rayhan
Chief Operating Officer
Transactions
- Other
Class A Shares in Virgin Group Acquisition Holdings II LLC
2021-06-04+0→ 5,000 totalExercise: $0.00→ Class B Ordinary Shares (14,318 underlying) - Purchase
Class A Shares in Virgin Group Acquisition Holdings II LLC
2021-03-15$10.00/sh+5,000$50,000→ 5,000 totalExercise: $0.00→ Class B Ordinary Shares (58,996 underlying)
Footnotes (3)
- [F1]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.
- [F2]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.
- [F3]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 5,000 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 5,000 Class B ordinary shares underlying these 73,314 Class B Shares in Holdings.
Documents
Issuer
Virgin Group Acquisition Corp. II
CIK 0001841761
Entity typeother
Related Parties
1- filerCIK 0001846192
Filing Metadata
- Form type
- 4
- Filed
- Jun 3, 8:00 PM ET
- Accepted
- Jun 4, 5:27 PM ET
- Size
- 9.5 KB