Kley Michelle 4
4 · Virgin Galactic Holdings, Inc · Filed Mar 10, 2021
Insider Transaction Report
Form 4
Kley Michelle
See Remarks
Transactions
- Exercise/Conversion
Common Stock
2021-03-09$7.46/sh+25,000$186,500→ 28,810 total - Exercise/Conversion
Stock Option
2021-03-09−25,000→ 275,000 totalExercise: $7.46Exp: 2029-12-03→ Common Stock (25,000 underlying) - Sale
Common Stock
2021-03-09$30.42/sh−25,000$760,500→ 3,810 total
Footnotes (2)
- [F1]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at price ranging from $30.40 to $30.48. The reporting person undertakes to provide Virgin Galactic Holdings, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F2]The Stock Option vested as to 25% of the underlying shares on December 2, 2020 and, as to the remaining shares, in 36 equal monthly installments thereafter, subject to continued service through the applicable vesting date.