0000899243-23-009228.txt : 20230320
0000899243-23-009228.hdr.sgml : 20230320
20230320214204
ACCESSION NUMBER: 0000899243-23-009228
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230316
FILED AS OF DATE: 20230320
DATE AS OF CHANGE: 20230320
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Colglazier Michael A
CENTRAL INDEX KEY: 0001817756
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38202
FILM NUMBER: 23747739
MAIL ADDRESS:
STREET 1: C/O VIRGIN GALACTIC HOLDINGS, INC.
STREET 2: 166 NORTH ROADRUNNER PARKWAY, SUITE 1C
CITY: LAS CRUCES
STATE: NM
ZIP: 88011
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
1
doc4.xml
FORM 4 SUBMISSION
X0407
4
2023-03-16
0
0001706946
Virgin Galactic Holdings, Inc
SPCE
0001817756
Colglazier Michael A
1700 FLIGHT WAY
TUSTIN
CA
92782
1
1
0
0
See Remarks
0
Common Stock
2023-03-16
4
A
0
159314
0.00
A
1197777
D
Common Stock
2023-03-17
4
G
0
15900
0.00
D
1181877
D
Common Stock
2023-03-17
4
G
0
7950
0.00
A
7950
I
By Family Trust for Son 1
Common Stock
2023-03-17
4
G
0
7950
0.00
A
7950
I
By Family Trust for Son 2
Restricted Stock Units
2023-03-16
4
A
0
727273
0.00
A
Common Stock
727273
727273
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.
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 will be settled in shares of the Issuer's common stock upon vesting. The RSUs may be settled in shares of the Issuer's common stock or, in the Issuer's discretion, cash, upon vesting.
Reporting Person's title: Chief Executive Officer and President
/s/ Aaron Futch, Attorney-in-fact for Michael Colglazier
2023-03-20