4//SEC Filing
Virgin America Inc. 4
Accession 0001209191-14-069375
CIK 0001614436operating
Filed
Nov 16, 7:00 PM ET
Accepted
Nov 17, 8:52 PM ET
Size
89.5 KB
Accession
0001209191-14-069375
Insider Transaction Report
Form 4
Cyrus Select Opportunities Master Fund, Ltd.
Director10% Owner
Transactions
- Award
Common Stock
2014-11-13+5,873→ 5,873 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+9,192→ 9,192 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+901,932→ 932,668 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+1,518,243→ 1,574,771 total(indirect: See Footnotes) - Disposition to Issuer
Class C-11 Warrants (right to buy)
2014-11-13−32,730→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (32,730 underlying) - Disposition to Issuer
Class C-15A Warrants (right to buy)
2014-11-13−627,428→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (627,428 underlying) - Award
Common Stock
2014-11-13+81,056→ 81,056 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+52,093→ 57,966 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+112,600→ 170,566 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+30,736→ 30,736 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+19,956→ 29,148 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+47,895→ 128,951 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+2,886,663→ 3,063,737 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+177,074→ 177,074 total(indirect: See Footnotes) - Disposition to Issuer
Class C-11 Warrants (right to buy)
2014-11-13−171,271→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (171,271 underlying) - Disposition to Issuer
Class C-12A Warrants (right to buy)
2014-11-13−290,274→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (290,274 underlying) - Disposition to Issuer
Class C-12B Warrants (right to buy)
2014-11-13−51,224→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (51,224 underlying) - Disposition to Issuer
Class C-15D Warrants (right to buy)
2014-11-13−111,201→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (111,201 underlying) - Disposition to Issuer
Class C-15B Warrants (right to buy)
2014-11-13−314,985→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (314,985 underlying) - Award
Common Stock
2014-11-13+56,528→ 56,528 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+1,589,927→ 1,718,878 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+2,137,355→ 2,307,921 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+261,757→ 290,905 total(indirect: See Footnotes) - Disposition to Issuer
Class C-15F Warrants (right to buy)
2014-11-13−266,884→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (266,884 underlying) - Disposition to Issuer
Class C-12D Warrants (right to buy)
2014-11-13−451,661→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (451,661 underlying) - Disposition to Issuer
Class C-12E Warrants (right to buy)
2014-11-13−986,688→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (986,688 underlying)
CRESCENT 1 LP
Director10% Owner
Transactions
- Disposition to Issuer
Class C-12B Warrants (right to buy)
2014-11-13−51,224→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (51,224 underlying) - Disposition to Issuer
Class C-15D Warrants (right to buy)
2014-11-13−111,201→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (111,201 underlying) - Disposition to Issuer
Class C-12E Warrants (right to buy)
2014-11-13−986,688→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (986,688 underlying) - Award
Common Stock
2014-11-13+52,093→ 57,966 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+9,192→ 9,192 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+30,736→ 30,736 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+56,528→ 56,528 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+1,589,927→ 1,718,878 total(indirect: See Footnotes) - Disposition to Issuer
Class C-11 Warrants (right to buy)
2014-11-13−32,730→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (32,730 underlying) - Disposition to Issuer
Class C-15A Warrants (right to buy)
2014-11-13−627,428→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (627,428 underlying) - Disposition to Issuer
Class C-12D Warrants (right to buy)
2014-11-13−451,661→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (451,661 underlying) - Award
Common Stock
2014-11-13+19,956→ 29,148 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+81,056→ 81,056 total(indirect: See Footnotes) - Disposition to Issuer
Class C-11 Warrants (right to buy)
2014-11-13−171,271→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (171,271 underlying) - Award
Common Stock
2014-11-13+177,074→ 177,074 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+2,137,355→ 2,307,921 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+1,518,243→ 1,574,771 total(indirect: See Footnotes) - Disposition to Issuer
Class C-15F Warrants (right to buy)
2014-11-13−266,884→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (266,884 underlying) - Award
Common Stock
2014-11-13+5,873→ 5,873 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+112,600→ 170,566 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+47,895→ 128,951 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+901,932→ 932,668 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+261,757→ 290,905 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+2,886,663→ 3,063,737 total(indirect: See Footnotes) - Disposition to Issuer
Class C-12A Warrants (right to buy)
2014-11-13−290,274→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (290,274 underlying) - Disposition to Issuer
Class C-15B Warrants (right to buy)
2014-11-13−314,985→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (314,985 underlying)
Cyrus Aviation Partners III, L.P.
Director10% Owner
Transactions
- Award
Common Stock
2014-11-13+52,093→ 57,966 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+2,137,355→ 2,307,921 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+9,192→ 9,192 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+81,056→ 81,056 total(indirect: See Footnotes) - Disposition to Issuer
Class C-11 Warrants (right to buy)
2014-11-13−32,730→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (32,730 underlying) - Disposition to Issuer
Class C-15D Warrants (right to buy)
2014-11-13−111,201→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (111,201 underlying) - Award
Common Stock
2014-11-13+5,873→ 5,873 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+261,757→ 290,905 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+2,886,663→ 3,063,737 total(indirect: See Footnotes) - Disposition to Issuer
Class C-11 Warrants (right to buy)
2014-11-13−171,271→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (171,271 underlying) - Disposition to Issuer
Class C-15A Warrants (right to buy)
2014-11-13−627,428→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (627,428 underlying) - Disposition to Issuer
Class C-12B Warrants (right to buy)
2014-11-13−51,224→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (51,224 underlying) - Disposition to Issuer
Class C-12E Warrants (right to buy)
2014-11-13−986,688→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (986,688 underlying) - Disposition to Issuer
Class C-15B Warrants (right to buy)
2014-11-13−314,985→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (314,985 underlying) - Award
Common Stock
2014-11-13+30,736→ 30,736 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+112,600→ 170,566 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+19,956→ 29,148 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+47,895→ 128,951 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+177,074→ 177,074 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+56,528→ 56,528 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+901,932→ 932,668 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+1,589,927→ 1,718,878 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+1,518,243→ 1,574,771 total(indirect: See Footnotes) - Disposition to Issuer
Class C-12A Warrants (right to buy)
2014-11-13−290,274→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (290,274 underlying) - Disposition to Issuer
Class C-12D Warrants (right to buy)
2014-11-13−451,661→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (451,661 underlying) - Disposition to Issuer
Class C-15F Warrants (right to buy)
2014-11-13−266,884→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (266,884 underlying)
Cyrus Aviation Partners IV, L.P.
Director10% Owner
Transactions
- Award
Common Stock
2014-11-13+9,192→ 9,192 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+2,137,355→ 2,307,921 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+2,886,663→ 3,063,737 total(indirect: See Footnotes) - Disposition to Issuer
Class C-11 Warrants (right to buy)
2014-11-13−32,730→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (32,730 underlying) - Disposition to Issuer
Class C-15A Warrants (right to buy)
2014-11-13−627,428→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (627,428 underlying) - Disposition to Issuer
Class C-15D Warrants (right to buy)
2014-11-13−111,201→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (111,201 underlying) - Disposition to Issuer
Class C-15F Warrants (right to buy)
2014-11-13−266,884→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (266,884 underlying) - Award
Common Stock
2014-11-13+52,093→ 57,966 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+19,956→ 29,148 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+81,056→ 81,056 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+47,895→ 128,951 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+5,873→ 5,873 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+112,600→ 170,566 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+177,074→ 177,074 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+56,528→ 56,528 total(indirect: See Footnotes) - Disposition to Issuer
Class C-12E Warrants (right to buy)
2014-11-13−986,688→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (986,688 underlying) - Award
Common Stock
2014-11-13+30,736→ 30,736 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+901,932→ 932,668 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+261,757→ 290,905 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+1,589,927→ 1,718,878 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+1,518,243→ 1,574,771 total(indirect: See Footnotes) - Disposition to Issuer
Class C-11 Warrants (right to buy)
2014-11-13−171,271→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (171,271 underlying) - Disposition to Issuer
Class C-12A Warrants (right to buy)
2014-11-13−290,274→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (290,274 underlying) - Disposition to Issuer
Class C-12B Warrants (right to buy)
2014-11-13−51,224→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (51,224 underlying) - Disposition to Issuer
Class C-12D Warrants (right to buy)
2014-11-13−451,661→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (451,661 underlying) - Disposition to Issuer
Class C-15B Warrants (right to buy)
2014-11-13−314,985→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (314,985 underlying)
FREIDHEIM STEPHEN C
Director10% Owner
Transactions
- Disposition to Issuer
Class C-11 Warrants (right to buy)
2014-11-13−171,271→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (171,271 underlying) - Disposition to Issuer
Class C-12A Warrants (right to buy)
2014-11-13−290,274→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (290,274 underlying) - Award
Common Stock
2014-11-13+5,873→ 5,873 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+56,528→ 56,528 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+901,932→ 932,668 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+2,137,355→ 2,307,921 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+261,757→ 290,905 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+2,886,663→ 3,063,737 total(indirect: See Footnotes) - Disposition to Issuer
Class C-11 Warrants (right to buy)
2014-11-13−32,730→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (32,730 underlying) - Disposition to Issuer
Class C-12B Warrants (right to buy)
2014-11-13−51,224→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (51,224 underlying) - Disposition to Issuer
Class C-12D Warrants (right to buy)
2014-11-13−451,661→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (451,661 underlying) - Disposition to Issuer
Class C-12E Warrants (right to buy)
2014-11-13−986,688→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (986,688 underlying) - Disposition to Issuer
Class C-15A Warrants (right to buy)
2014-11-13−627,428→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (627,428 underlying) - Disposition to Issuer
Class C-15D Warrants (right to buy)
2014-11-13−111,201→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (111,201 underlying) - Award
Common Stock
2014-11-13+112,600→ 170,566 total(indirect: See Footnotes) - Disposition to Issuer
Class C-15F Warrants (right to buy)
2014-11-13−266,884→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (266,884 underlying) - Award
Common Stock
2014-11-13+30,736→ 30,736 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+52,093→ 57,966 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+9,192→ 9,192 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+19,956→ 29,148 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+81,056→ 81,056 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+47,895→ 128,951 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+177,074→ 177,074 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+1,589,927→ 1,718,878 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+1,518,243→ 1,574,771 total(indirect: See Footnotes) - Disposition to Issuer
Class C-15B Warrants (right to buy)
2014-11-13−314,985→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (314,985 underlying)
CYRUS CAPITAL PARTNERS GP, LLC
Director10% Owner
Transactions
- Award
Common Stock
2014-11-13+52,093→ 57,966 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+1,589,927→ 1,718,878 total(indirect: See Footnotes) - Disposition to Issuer
Class C-11 Warrants (right to buy)
2014-11-13−32,730→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (32,730 underlying) - Disposition to Issuer
Class C-15A Warrants (right to buy)
2014-11-13−627,428→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (627,428 underlying) - Disposition to Issuer
Class C-12B Warrants (right to buy)
2014-11-13−51,224→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (51,224 underlying) - Disposition to Issuer
Class C-15F Warrants (right to buy)
2014-11-13−266,884→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (266,884 underlying) - Award
Common Stock
2014-11-13+30,736→ 30,736 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+5,873→ 5,873 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+81,056→ 81,056 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+261,757→ 290,905 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+2,886,663→ 3,063,737 total(indirect: See Footnotes) - Disposition to Issuer
Class C-12A Warrants (right to buy)
2014-11-13−290,274→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (290,274 underlying) - Disposition to Issuer
Class C-15D Warrants (right to buy)
2014-11-13−111,201→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (111,201 underlying) - Disposition to Issuer
Class C-15B Warrants (right to buy)
2014-11-13−314,985→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (314,985 underlying) - Award
Common Stock
2014-11-13+19,956→ 29,148 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+2,137,355→ 2,307,921 total(indirect: See Footnotes) - Disposition to Issuer
Class C-11 Warrants (right to buy)
2014-11-13−171,271→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (171,271 underlying) - Disposition to Issuer
Class C-12D Warrants (right to buy)
2014-11-13−451,661→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (451,661 underlying) - Award
Common Stock
2014-11-13+112,600→ 170,566 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+9,192→ 9,192 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+47,895→ 128,951 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+177,074→ 177,074 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+56,528→ 56,528 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+901,932→ 932,668 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+1,518,243→ 1,574,771 total(indirect: See Footnotes) - Disposition to Issuer
Class C-12E Warrants (right to buy)
2014-11-13−986,688→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (986,688 underlying)
CYRUS CAPITAL PARTNERS, LP
Director10% Owner
Transactions
- Award
Common Stock
2014-11-13+261,757→ 290,905 total(indirect: See Footnotes) - Disposition to Issuer
Class C-11 Warrants (right to buy)
2014-11-13−171,271→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (171,271 underlying) - Disposition to Issuer
Class C-12B Warrants (right to buy)
2014-11-13−51,224→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (51,224 underlying) - Award
Common Stock
2014-11-13+5,873→ 5,873 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+901,932→ 932,668 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+2,137,355→ 2,307,921 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+1,589,927→ 1,718,878 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+1,518,243→ 1,574,771 total(indirect: See Footnotes) - Disposition to Issuer
Class C-11 Warrants (right to buy)
2014-11-13−32,730→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (32,730 underlying) - Disposition to Issuer
Class C-15A Warrants (right to buy)
2014-11-13−627,428→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (627,428 underlying) - Disposition to Issuer
Class C-12E Warrants (right to buy)
2014-11-13−986,688→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (986,688 underlying) - Disposition to Issuer
Class C-15B Warrants (right to buy)
2014-11-13−314,985→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (314,985 underlying) - Disposition to Issuer
Class C-12A Warrants (right to buy)
2014-11-13−290,274→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (290,274 underlying) - Disposition to Issuer
Class C-12D Warrants (right to buy)
2014-11-13−451,661→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (451,661 underlying) - Disposition to Issuer
Class C-15D Warrants (right to buy)
2014-11-13−111,201→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (111,201 underlying) - Disposition to Issuer
Class C-15F Warrants (right to buy)
2014-11-13−266,884→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (266,884 underlying) - Award
Common Stock
2014-11-13+30,736→ 30,736 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+52,093→ 57,966 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+19,956→ 29,148 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+47,895→ 128,951 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+177,074→ 177,074 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+2,886,663→ 3,063,737 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+112,600→ 170,566 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+9,192→ 9,192 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+81,056→ 81,056 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+56,528→ 56,528 total(indirect: See Footnotes)
Cyrus Capital Advisors, L.L.C.
Director10% Owner
Transactions
- Award
Common Stock
2014-11-13+52,093→ 57,966 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+9,192→ 9,192 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+177,074→ 177,074 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+19,956→ 29,148 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+30,736→ 30,736 total(indirect: See Footnotes) - Disposition to Issuer
Class C-11 Warrants (right to buy)
2014-11-13−32,730→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (32,730 underlying) - Disposition to Issuer
Class C-12A Warrants (right to buy)
2014-11-13−290,274→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (290,274 underlying) - Disposition to Issuer
Class C-15A Warrants (right to buy)
2014-11-13−627,428→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (627,428 underlying) - Disposition to Issuer
Class C-12B Warrants (right to buy)
2014-11-13−51,224→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (51,224 underlying) - Award
Common Stock
2014-11-13+5,873→ 5,873 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+47,895→ 128,951 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+56,528→ 56,528 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+2,137,355→ 2,307,921 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+261,757→ 290,905 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+1,589,927→ 1,718,878 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+2,886,663→ 3,063,737 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+1,518,243→ 1,574,771 total(indirect: See Footnotes) - Disposition to Issuer
Class C-11 Warrants (right to buy)
2014-11-13−171,271→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (171,271 underlying) - Disposition to Issuer
Class C-12E Warrants (right to buy)
2014-11-13−986,688→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (986,688 underlying) - Award
Common Stock
2014-11-13+112,600→ 170,566 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+81,056→ 81,056 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+901,932→ 932,668 total(indirect: See Footnotes) - Disposition to Issuer
Class C-15D Warrants (right to buy)
2014-11-13−111,201→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (111,201 underlying) - Disposition to Issuer
Class C-15B Warrants (right to buy)
2014-11-13−314,985→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (314,985 underlying) - Disposition to Issuer
Class C-12D Warrants (right to buy)
2014-11-13−451,661→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (451,661 underlying) - Disposition to Issuer
Class C-15F Warrants (right to buy)
2014-11-13−266,884→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (266,884 underlying)
Cyrus Aviation Partners IIIA, L.P.
Director10% Owner
Transactions
- Award
Common Stock
2014-11-13+5,873→ 5,873 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+9,192→ 9,192 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+81,056→ 81,056 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+177,074→ 177,074 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+30,736→ 30,736 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+52,093→ 57,966 total(indirect: See Footnotes) - Disposition to Issuer
Class C-15D Warrants (right to buy)
2014-11-13−111,201→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (111,201 underlying) - Disposition to Issuer
Class C-12E Warrants (right to buy)
2014-11-13−986,688→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (986,688 underlying) - Disposition to Issuer
Class C-15B Warrants (right to buy)
2014-11-13−314,985→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (314,985 underlying) - Award
Common Stock
2014-11-13+56,528→ 56,528 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+1,589,927→ 1,718,878 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+1,518,243→ 1,574,771 total(indirect: See Footnotes) - Disposition to Issuer
Class C-11 Warrants (right to buy)
2014-11-13−171,271→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (171,271 underlying) - Disposition to Issuer
Class C-11 Warrants (right to buy)
2014-11-13−32,730→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (32,730 underlying) - Disposition to Issuer
Class C-15A Warrants (right to buy)
2014-11-13−627,428→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (627,428 underlying) - Disposition to Issuer
Class C-12B Warrants (right to buy)
2014-11-13−51,224→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (51,224 underlying) - Disposition to Issuer
Class C-12D Warrants (right to buy)
2014-11-13−451,661→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (451,661 underlying) - Award
Common Stock
2014-11-13+112,600→ 170,566 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+19,956→ 29,148 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+47,895→ 128,951 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+901,932→ 932,668 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+2,137,355→ 2,307,921 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+261,757→ 290,905 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+2,886,663→ 3,063,737 total(indirect: See Footnotes) - Disposition to Issuer
Class C-12A Warrants (right to buy)
2014-11-13−290,274→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (290,274 underlying) - Disposition to Issuer
Class C-15F Warrants (right to buy)
2014-11-13−266,884→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (266,884 underlying)
Cyrus Opportunities Master Fund II, Ltd.
Director10% Owner
Transactions
- Award
Common Stock
2014-11-13+2,886,663→ 3,063,737 total(indirect: See Footnotes) - Disposition to Issuer
Class C-11 Warrants (right to buy)
2014-11-13−171,271→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (171,271 underlying) - Award
Common Stock
2014-11-13+30,736→ 30,736 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+112,600→ 170,566 total(indirect: See Footnotes) - Disposition to Issuer
Class C-11 Warrants (right to buy)
2014-11-13−32,730→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (32,730 underlying) - Disposition to Issuer
Class C-15A Warrants (right to buy)
2014-11-13−627,428→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (627,428 underlying) - Disposition to Issuer
Class C-15D Warrants (right to buy)
2014-11-13−111,201→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (111,201 underlying) - Disposition to Issuer
Class C-15F Warrants (right to buy)
2014-11-13−266,884→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (266,884 underlying) - Disposition to Issuer
Class C-15B Warrants (right to buy)
2014-11-13−314,985→ 0 total(indirect: See Footnotes)Exercise: $18.87Exp: 2043-05-10→ Common Stock (314,985 underlying) - Award
Common Stock
2014-11-13+5,873→ 5,873 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+52,093→ 57,966 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+9,192→ 9,192 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+19,956→ 29,148 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+81,056→ 81,056 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+47,895→ 128,951 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+177,074→ 177,074 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+56,528→ 56,528 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+901,932→ 932,668 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+2,137,355→ 2,307,921 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+261,757→ 290,905 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+1,589,927→ 1,718,878 total(indirect: See Footnotes) - Award
Common Stock
2014-11-13+1,518,243→ 1,574,771 total(indirect: See Footnotes) - Disposition to Issuer
Class C-12A Warrants (right to buy)
2014-11-13−290,274→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (290,274 underlying) - Disposition to Issuer
Class C-12B Warrants (right to buy)
2014-11-13−51,224→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (51,224 underlying) - Disposition to Issuer
Class C-12D Warrants (right to buy)
2014-11-13−451,661→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (451,661 underlying) - Disposition to Issuer
Class C-12E Warrants (right to buy)
2014-11-13−986,688→ 0 total(indirect: See Footnotes)Exercise: $26.42Exp: 2041-12-09→ Common Stock (986,688 underlying)
Footnotes (16)
- [F1]Pursuant to the Recapitalization Agreement, dated November 13, 2014, by and among Virgin America Inc. (the "Issuer"), Virgin Management Limited, VX Holdings, L.P., VA Holdings (Guernsey) LP, Virgin Holdings Limited, CM Finance Inc., Cyrus Select Opportunities Master Fund, Ltd. ("Cyrus Select Master"), CYR Fund, L.P., Crescent 1, L.P. ("Crescent 1"), Cyrus Opportunities Master Fund II, Ltd. ("Cyrus Opportunities Master II"), Cyrus Aviation Investor, LLC, Cyrus Aviation Partners III, L.P. ("Cyrus Aviation III"), Cyrus Aviation Partners IIIA, L.P. ("Cyrus Aviation IIIA"), Cyrus Aviation Partners IV, L.P. ("Cyrus Aviation IV"), CCP Investments I, L.P., CRS Fund, Ltd., Cyrus Aviation Holdings, LLC, and VAI MBO Investors, LLC (the "Recapitalization Agreement"), on November 13, 2014, the Class C-11 Warrants of the Issuer held directly by Cyrus Aviation IIIA were exchanged with the Issuer for shares of common stock of the Issuer.
- [F10]Pursuant to the Recapitalization Agreement, on November 13, 2014, Cyrus Opportunities Master II exchanged certain notes of the Issuer described in the Recapitalization Agreement for shares of common stock of the Issuer. Stephen C. Freidheim may be deemed to indirectly beneficially own the securities held by Cyrus Opportunities Master II because Mr. Freidheim may be deemed to have voting and investment power over such securities as the sole member of Cyrus Capital GP and Chief Investment Officer of Cyrus Capital Partners. Cyrus Capital GP is the general partner of Cyrus Capital Partners and Cyrus Capital Partners is the investment manager of Cyrus Opportunities Master II. Mr. Freidheim has a right to a performance-based allocation and therefore has a pecuniary interest in a portion of the securities held by Cyrus Opportunities Master II.
- [F11]Pursuant to the Recapitalization Agreement, on November 13, 2014, Cyrus Select Master exchanged certain notes of the Issuer described in the Recapitalization Agreement for shares of common stock of the Issuer. Stephen C. Freidheim may be deemed to indirectly beneficially own the securities held by Cyrus Select Master because Mr. Freidheim may be deemed to have voting and investment power over such securities as the sole member of Cyrus Capital GP and Chief Investment Officer of Cyrus Capital Partners. Cyrus Capital GP is the general partner of Cyrus Capital Partners and Cyrus Capital Partners is the investment manager of Cyrus Select Master. Mr. Freidheim has a right to a performance-based allocation and therefore has a pecuniary interest in a portion of the securities held by Cyrus Select Master.
- [F12]Pursuant to the Recapitalization Agreement, on November 13, 2014, Crescent 1 exchanged certain notes of the Issuer described in the Recapitalization Agreement for shares of common stock of the Issuer. Stephen C. Freidheim may be deemed to indirectly beneficially own the securities held by Crescent 1 because Mr. Freidheim may be deemed to have voting and investment power over such securities as the sole member of Cyrus Capital GP and the Chief Investment Officer of Cyrus Capital Partners. Cyrus Capital GP is the general partner of Cyrus Capital Advisors and Cyrus Capital Partners. Cyrus Capital Advisors is the general partner of Crescent 1 and Cyrus Capital Partners is the investment manager of Crescent 1. Mr. Freidheim has a right to a performance-based allocation and therefore has a pecuniary interest in a portion of the securities held by Crescent 1.
- [F13]Pursuant to the Recapitalization Agreement, on November 13, 2014, Cyrus Aviation III exchanged certain notes of the Issuer described in the Recapitalization Agreement for shares of common stock of the Issuer. Stephen C. Freidheim may be deemed to indirectly beneficially own the securities held by Cyrus Aviation III because Mr. Freidheim may be deemed to have voting and investment power over such securities as the sole member of Cyrus Capital GP and the Chief Investment Officer of Cyrus Capital Partners. Cyrus Capital GP is the general partner of Cyrus Capital Advisors and Cyrus Capital Partners. Cyrus Capital Advisors is the general partner of Cyrus Aviation III and Cyrus Capital Partners is the investment manager of Cyrus Aviation III. Mr. Freidheim has a right to a performance-based allocation and therefore has a pecuniary interest in a portion of the securities held by Cyrus Aviation III.
- [F14]Pursuant to the Recapitalization Agreement, on November 13, 2014, Cyrus Aviation IV exchanged certain notes of the Issuer described in the Recapitalization Agreement for shares of common stock of the Issuer. Stephen C. Freidheim may be deemed to indirectly beneficially own the securities held by Cyrus Aviation IV because Mr. Freidheim may be deemed to have voting and investment power over such securities as the sole member of Cyrus Capital GP and the Chief Investment Officer of Cyrus Capital Partners. Cyrus Capital GP is the general partner of Cyrus Capital Advisors and Cyrus Capital Partners. Cyrus Capital Advisors is the general partner of Crescent 1 and Cyrus Capital Partners is the investment manager of Cyrus Aviation IV. Mr. Freidheim has a right to a performance-based allocation and therefore has a pecuniary interest in a portion of the securities held by Cyrus Aviation IV.
- [F15]The Warrants are exercisable subject to limitations set forth in the respective warrant agreements.
- [F16]Each of Stephen C. Freidheim, Cyrus Capital GP, Cyrus Capital Partners, Cyrus Capital Advisors, Cyrus Aviation IIIA, Cyrus Opportunities Master II, Cyrus Select Master, Crescent 1, Cyrus Aviation III and Cyrus Aviation IV disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that any of Stephen C. Freidheim, Cyrus Capital GP, Cyrus Capital Partners, Cyrus Capital Advisors, Cyrus Aviation IIIA, Cyrus Opportunities Master II, Cyrus Select Master, Crescent 1, Cyrus Aviation III or Cyrus Aviation IV is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
- [F2](Continued from footnote 1) Stephen C. Freidheim may be deemed to indirectly beneficially own the securities directly held by Cyrus Aviation IIIA because Mr. Freidheim may be deemed to have voting and investment power over such securities as the sole member of Cyrus Capital Partners GP, L.L.C. ("Cyrus Capital GP") and the Chief Investment Officer of Cyrus Capital Partners, L.P. ("Cyrus Capital Partners"). Cyrus Capital GP is the general partner of Cyrus Capital Advisors, L.L.C. ("Cyrus Capital Advisors") and Cyrus Capital Partners.
- [F3](Continued from footnote 2) Cyrus Capital Advisors is the general partner of Cyrus Aviation IIIA and Cyrus Capital Partners is the investment manager of Cyrus Aviation IIIA. Mr. Freidheim has a right to a performance-based allocation and therefore has a pecuniary interest in a portion of the securities held by Cyrus Aviation IIIA. The Issuer's Board of Directors, on which Mr. Freidheim serves, approved the Recapitalization Agreement in advance of the consummation of the transactions pursuant to the Recapitalization Agreement.
- [F4]Pursuant to the Recapitalization Agreement, on November 13, 2014, the Class C-11 Warrants, the Class C-12A Warrants, and the Class C-15A Warrants of the Issuer held directly by Cyrus Opportunities Master II were exchanged with the Issuer for 5,873, 52,093, and 112,600 shares of common stock of the Issuer, respectively. Stephen C. Freidheim may be deemed to indirectly beneficially own the securities held by Cyrus Opportunities Master II because Mr. Freidheim may be deemed to have voting and investment power over such securities as the sole member of Cyrus Capital GP and Chief Investment Officer of Cyrus Capital Partners. Cyrus Capital GP is the general partner of Cyrus Capital Partners and Cyrus Capital Partners is the investment manager of Cyrus Opportunities Master II. Mr. Freidheim has a right to a performance-based allocation and therefore has a pecuniary interest in a portion of the securities held by Cyrus Opportunities Master II.
- [F5]Pursuant to the Recapitalization Agreement, on November 13, 2014, the Class C-12B Warrants and the Class C-15D Warrants of the Issuer held directly by Cyrus Select Master were exchanged with the Issuer for 9,192 and 19,956 shares of common stock of the Issuer, respectively. Stephen C. Freidheim may be deemed to indirectly beneficially own the securities held by Cyrus Select Master because Mr. Freidheim may be deemed to have voting and investment power over such securities as the sole member of Cyrus Capital GP and Chief Investment Officer of Cyrus Capital Partners. Cyrus Capital GP is the general partner of Cyrus Capital Partners and Cyrus Capital Partners is the investment manager of Cyrus Select Master. Mr. Freidheim has a right to a performance-based allocation and therefore has a pecuniary interest in a portion of the securities held by Cyrus Select Master.
- [F6]Pursuant to the Recapitalization Agreement, on November 13, 2014, the Class C-12D Warrants and the Class C-15F Warrants of the Issuer held directly by Crescent 1 were exchanged with the Issuer for 81,056 and 47,895 shares of common stock of the Issuer, respectively. Stephen C. Freidheim may be deemed to indirectly beneficially own the securities held by Crescent 1 because Mr. Freidheim may be deemed to have voting and investment power over such securities as the sole member of Cyrus Capital GP and the Chief Investment Officer of Cyrus Capital Partners. Cyrus Capital GP is the general partner of Cyrus Capital Advisors and Cyrus Capital Partners. Cyrus Capital Advisors is the general partner of Crescent 1 and Cyrus Capital Partners is the investment manager of Crescent 1. Mr. Freidheim has a right to a performance-based allocation and therefore has a pecuniary interest in a portion of the securities held by Crescent 1.
- [F7]Pursuant to the Recapitalization Agreement, on November 13, 2014, the Class C-12E Warrants of the Issuer held directly by Cyrus Aviation III were exchanged with the Issuer for shares of common stock of the Issuer. Stephen C. Freidheim may be deemed to indirectly beneficially own the securities held by Cyrus Aviation III because Mr. Freidheim may be deemed to have voting and investment power over such securities as the sole member of Cyrus Capital GP and the Chief Investment Officer of Cyrus Capital Partners. Cyrus Capital GP is the general partner of Cyrus Capital Advisors and Cyrus Capital Partners. Cyrus Capital Advisors is the general partner of Cyrus Aviation III and Cyrus Capital Partners is the investment manager of Cyrus Aviation III. Mr. Freidheim has a right to a performance-based allocation and therefore has a pecuniary interest in a portion of the securities held by Cyrus Aviation III.
- [F8]Pursuant to the Recapitalization Agreement, on November 13, 2014, the Class C-15B Warrants of the Issuer held directly by Cyrus Aviation IV were exchanged with the Issuer for shares of common stock of the Issuer. Stephen C. Freidheim may be deemed to indirectly beneficially own the securities held by Cyrus Aviation IV because Mr. Freidheim may be deemed to have voting and investment power over such securities as the sole member of Cyrus Capital GP and the Chief Investment Officer of Cyrus Capital Partners. Cyrus Capital GP is the general partner of Cyrus Capital Advisors and Cyrus Capital Partners. Cyrus Capital Advisors is the general partner of Crescent 1 and Cyrus Capital Partners is the investment manager of Cyrus Aviation IV. Mr. Freidheim has a right to a performance-based allocation and therefore has a pecuniary interest in a portion of the securities held by Cyrus Aviation IV.
- [F9]Pursuant to the Recapitalization Agreement, on November 13, 2014, Cyrus Aviation IIIA exchanged certain notes of the Issuer described in the Recapitalization Agreement for shares of common stock of the Issuer. Stephen C. Freidheim may be deemed to indirectly beneficially own the securities directly held by Cyrus Aviation IIIA because Mr. Freidheim may be deemed to have voting and investment power over such securities as the sole member of Cyrus Capital GP and the Chief Investment Officer of Cyrus Capital Partners. Cyrus Capital GP is the general partner of Cyrus Capital Advisors and Cyrus Capital Partners. Cyrus Capital Advisors is the general partner of Cyrus Aviation IIIA and Cyrus Capital Partners is the investment manager of Cyrus Aviation IIIA. Mr. Freidheim has a right to a performance-based allocation and therefore has a pecuniary interest in a portion of the securities held by Cyrus Aviation IIIA.
Issuer
Virgin America Inc.
CIK 0001614436
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001614436
Filing Metadata
- Form type
- 4
- Filed
- Nov 16, 7:00 PM ET
- Accepted
- Nov 17, 8:52 PM ET
- Size
- 89.5 KB