4//SEC Filing
Simpson James S. 4
Accession 0001213900-22-000350
CIK 0001843388other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 9:16 PM ET
Size
6.3 KB
Accession
0001213900-22-000350
Insider Transaction Report
Form 4
Simpson James S.
Chief Strategy Officer
Transactions
- Award
Stock Option
2021-12-29+93,664→ 93,664 totalExercise: $4.42Exp: 2030-11-02→ Common Stock (93,664 underlying)
Footnotes (2)
- [F1]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.
- [F2]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.
Documents
Issuer
Virgin Orbit Holdings, Inc.
CIK 0001843388
Entity typeother
Related Parties
1- filerCIK 0001663770
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 9:16 PM ET
- Size
- 6.3 KB