0000899243-23-011606.txt : 20230424 0000899243-23-011606.hdr.sgml : 20230424 20230424180408 ACCESSION NUMBER: 0000899243-23-011606 CONFORMED SUBMISSION TYPE: 4/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230316 FILED AS OF DATE: 20230424 DATE AS OF CHANGE: 20230424 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Ahrens Douglas T CENTRAL INDEX KEY: 0001589800 FILING VALUES: FORM TYPE: 4/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-38202 FILM NUMBER: 23841178 MAIL ADDRESS: STREET 1: 215 MOFFETT PARK DRIVE CITY: SUNNYVALE STATE: CA ZIP: 94089 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Virgin Galactic Holdings, Inc CENTRAL INDEX KEY: 0001706946 STANDARD INDUSTRIAL CLASSIFICATION: TRANSPORTATION SERVICES [4700] IRS NUMBER: 853608069 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1700 FLIGHT WAY CITY: TUSTIN STATE: CA ZIP: 92782 BUSINESS PHONE: (575) 424-2100 MAIL ADDRESS: STREET 1: 1700 FLIGHT WAY CITY: TUSTIN STATE: CA ZIP: 92782 FORMER COMPANY: FORMER CONFORMED NAME: Virgin Galactic Vehicle Holdings, Inc DATE OF NAME CHANGE: 20191025 FORMER COMPANY: FORMER CONFORMED NAME: Social Capital Hedosophia Holdings Corp. DATE OF NAME CHANGE: 20170517 4/A 1 doc4a.xml FORM 4/A SUBMISSION X0407 4/A 2023-03-16 2023-03-20 0 0001706946 Virgin Galactic Holdings, Inc SPCE 0001589800 Ahrens Douglas T 1700 FLIGHT WAY TUSTIN CA 92782 0 1 0 0 See Remarks 0 Common Stock 2023-03-16 4 A 0 146854 0.00 A 489862 D Restricted Stock Units 2023-03-16 4 A 0 440560 0.00 A Common Stock 440560 440560 D Represents an award of performance share units ("PSUs"), each of which represents a contingent right to receive one share of the Issuer's common stock. The PSUs will vest based on the achievement of growth rates in the price of the Issuer's common stock between March 16, 2023 and March 16, 2026, subject to earlier vesting in certain circumstances described in the applicable award agreement. The amount reported herein represents the target amount under the PSU award. This Form 4 amendment is being filed to correct the number of PSU awards granted to the Reporting Person. The amount reported in Column 5 of Table I reflects the number of shares of common stock held by the Reporting Person as of the date of this Form 4 filing. Represents an award of restricted stock units (the "RSUs"), which will vest with respect to 25% of the RSUs on March 16, 2024, and the remaining 75% of the RSUs will vest in 12 quarterly installments thereafter, beginning June 16, 2024, subject to the Reporting Person's continued service through the applicable vesting date. The RSUs may be settled in shares of the Issuer's common stock or, in the Issuer's discretion, cash, upon vesting. This Form 4 amendment is being filed due to the fact that the original filing inadvertently reported this RSU grant in Table I. Reporting Person's title: Executive Vice President, Chief Financial Officer and Treasurer /s/ Aaron Futch, Attorney-in-fact for Douglas T. Ahrens 2023-04-24