Virgin America Inc. 4
4 · Virgin America Inc. · Filed Aug 28, 2015
Insider Transaction Report
Form 4
Hunt Peter D
Senior VP and CFO
Transactions
- Sale
Common Stock
2015-08-27$32.31/sh−4,500$145,395→ 38,195 total - Tax Payment
Common Stock
2015-08-26$31.14/sh−13,167$410,020→ 42,695 total
Footnotes (4)
- [F1]The shares were withheld from the reporting person solely to cover tax obligations with respect to the issued shares.
- [F2]Includes 16,568 restricted stock units ("RSUs").
- [F3]Reporting Person sold shares to account for the difference between Reporting Person's marginal tax rate and minimum tax withholding rate in connection with the vesting of RSUs.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.28 to $32.31, inclusive. The reporting person undertakes to provide to Virgin America, any security holder of Virgin America, or the Staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (4) to this Form 4.