Virgin America Inc. 4
4 · Virgin America Inc. · Filed Dec 14, 2016
Insider Transaction Report
Form 4
CARTY DONALD J
Director
Transactions
- Disposition to Issuer
Common Stock
2016-12-14$57.00/sh−162,878$9,284,046→ 0 total - Gift
Common Stock
2016-05-10−17,975→ 162,878 total - Disposition to Issuer
Common Stock
2016-12-14$57.00/sh−8,148$464,436→ 0 total(indirect: See footnote)
Footnotes (6)
- [F1]This denotes a charitable contribution.
- [F2]Included 9,288 restricted stock units ("RSUs").
- [F3]Includes 6,624 RSUs.
- [F4]Pursuant to the terms of the Agreement and Plan of Merger, dated April 1, 2016, by and among Virgin America Inc., Alaska Air Group, Inc. and Alpine Acquisition Corp. (the "Merger Agreement"), (i) each issued and outstanding RSU was automatically vested and converted in the right to receive $57.00 in cash, without interest and (ii) each issued and outstanding share of common stock was automatically cancelled and converted into the right to receive $57.00 in cash, without interest.
- [F5]Pursuant to the terms of the Merger Agreement, each issued and outstanding share of common stock was automatically cancelled and converted into the right to receive $57.00 in cash, without interest.
- [F6]Shares were held by the Reporting Person's wife.