Form 4 for SPCE Virgin Galactic Holdings, Inc

Accepted 2023-01-20 00:00:00 ET · period of report 2020-07-20 · accession 0000899243-23-002287 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
	2023-01-20	2020-07-20	SPCE	Colglazier Michael A	See Remarks, Dir	F - Tax	$22.98	-17.4K	552.6K	-3%	-$398.8K
	2023-01-20	2022-03-17	SPCE	Colglazier Michael A	See Remarks, Dir	A - Grant	$0.00	+82.1K	1.06M	+8%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2020-07-20	F	D	17,353	$22.98	552,647	D	—	—	(F1) Represents the number of shares of common stock withheld by the Issuer to cover the Reporting Person's tax withholding obligations upon the vesting of Restricted Stock Units granted on July 20, 2020. (F2) Represents the number of shares of common stock held by the Reporting Person as of July 20, 2020.
2	Common	Common Stock	2022-03-17	A	A	82,123	$0.00	1,055,553	D	—	—	(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 March 18, 2022 and March 17, 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. (F4) This Form 4 has been updated to correct the overreporting of withholdings in certain prior Form 4s of the Reporting Person. The amount reported in the final row of Column 5 of Table I reflects the number of shares of common stock held by the Reporting Person as of the date of this Form 4 filing.