Moses Michael Patrick 4
4 · Virgin Galactic Holdings, Inc · Filed Mar 25, 2021
Insider Transaction Report
Form 4
Moses Michael Patrick
President, Virgin Galactic LLC
Transactions
- Award
Common Stock
2021-03-23+60,621→ 415,219 total - Tax Payment
Common Stock
2021-03-25$29.58/sh−877$25,942→ 414,342 total
Footnotes (2)
- [F1]Represents an award of Restricted Stock Units (the "RSUs"), which will vest with respect to 25% of the RSUs on March 23, 2022, and the remaining 75% of the RSUs will vest in 12 quarterly installments beginning on June 23, 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 the number of shares of common stock withheld by the Issuer to cover the reporting person's tax withholding obligation upon the monthly vesting of Restricted Stock Units granted on October 25, 2019.