4//SEC Filing
Boston Derrick Osmond 4
Accession 0001213900-22-000345
CIK 0001843388other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 9:13 PM ET
Size
16.2 KB
Accession
0001213900-22-000345
Insider Transaction Report
Form 4
Boston Derrick Osmond
Chief Legal Officer
Transactions
- Award
Stock Option
2021-12-29+62,907→ 62,907 totalExercise: $3.23Exp: 2030-09-30→ Common Stock (62,907 underlying) - Award
Common Stock
2021-12-29+22,557→ 22,557 total - Award
Stock Option
2021-12-29+26,300→ 26,300 totalExercise: $4.02Exp: 2029-05-23→ Common Stock (26,300 underlying) - Award
Stock Option
2021-12-29+12,738→ 12,738 totalExercise: $3.92Exp: 2028-08-23→ Common Stock (12,738 underlying) - Award
Stock Option
2021-12-29+42,083→ 42,083 totalExercise: $3.86Exp: 2027-07-24→ Common Stock (42,083 underlying) - Award
Stock Option
2021-12-29+16,512→ 16,512 totalExercise: $3.92Exp: 2028-05-16→ Common Stock (16,512 underlying)
Footnotes (2)
- [F1]Pursuant to the business combination of NextGen Acquisition Corp. II and Vieco USA, Inc. ("Vieco USA"), each share of Vieco USA outstanding common stock was automatically cancelled and converted into the right to receive shares of the Issuer's Common Stock based on a 1-to-1.2503 conversion ratio (the "Conversion Ratio"). In addition, each outstanding Vieco USA equity award was automatically cancelled and converted into a corresponding equity award of the Issuer based on the Conversion Ratio and with the same terms and vesting conditions as the Vieco USA equity awards.
- [F2]The stock option vests and becomes exercisable as to 25% of the shares underlying the stock option on the one year anniversary of the vesting commencement date and thereafter as to 1/12th of the shares underlying the stock option on each quarterly anniversary of the vesting commencement date, subject to continued service through the applicable vesting date.
Documents
Issuer
Virgin Orbit Holdings, Inc.
CIK 0001843388
Entity typeother
Related Parties
1- filerCIK 0001893938
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 9:13 PM ET
- Size
- 16.2 KB