Virgin America Inc. 4
4 · Virgin America Inc. · Filed May 18, 2015
Insider Transaction Report
Form 4
Cush C. David
DirectorPresident
Transactions
- Gift
Common Stock
2015-05-18−17,910→ 555,863 total - Tax Payment
Common Stock
2015-05-14$28.15/sh−132,735$3,736,490→ 591,683 total - Gift
Common Stock
2015-05-18−17,910→ 573,773 total
Holdings
- 86,515(indirect: See Footnote)
Common Stock
Footnotes (5)
- [F1]The shares were withheld from the reporting person solely to cover tax obligations with respect to vested RSUs.
- [F2]Includes 365,612 RSUs. Includes 67,896 shares received as a liquidating distribution from VAI MBO Investors, LLC ("VAI MBO"). The shares acquired pursuant to the MBO Distribution were previously reported as held indirectly by the Reporting Person and were estimated based on the Reporting Person's relative ownership of VAI MBO. The shares reported herein reflect the exact number of shares now held by the Reporting Person following the MBO Distribution.
- [F3]This denotes a personal charitable contribution to the nonprofit Dallas Foundation to establish the 'Virgin America Scholarship Fund,' which will provide scholarships to the children and grandchildren of Virgin America's U.S. employees in good standing.
- [F4]This denotes a personal charitable contribution to the Fidelity Investments Charitable Gift Fund.
- [F5]The shares are held directly by the Cush Revocable Trust, of which Mr. Cush is the trustee.