lyer Swaminathan B. 4
4 · Virgin Galactic Holdings, Inc · Filed Mar 24, 2021
Insider Transaction Report
Form 4
lyer Swaminathan B.
See Remarks
Transactions
- Award
Common Stock
2021-03-22+23,354→ 23,354 total - Award
Common Stock
2021-03-22+72,981→ 96,335 total
Footnotes (2)
- [F1]Represents an award of Restricted Stock Units (the "RSUs"), which will vest with respect to 50% of the RSUs on September 22, 2021 and the remaining 50% of the RSUs will vest on March 22, 2022, subject to the reporting person's continued service through the applicable vesting date. The RSUs will be settled in shares of the Issuer's common stock upon vesting.
- [F2]Represents an award of RSUs, which will vest with respect to 25% of the RSUs on March 22, 2022, and the remaining 75% of the RSUs, will vest in 12 quarterly installments beginning on June 22, 2022, subject to the reporting person's continued service through the applicable vesting date. The RSUs will be settled in shares of the Issuer's common stock upon vesting.