- Accession Number:
- Form Type:
- Zero Holdings:
- Publication Time:
- 2019-10-29 20:58:39
- Reporting Period:
- Accepted Time:
- 2019-10-29 20:58:39
- SEC Url:
- Form 4 Filing
|Cik||Name||Symbol||Sector (SIC)||IRS No|
|1706946||Virgin Galactic Holdings Inc||SPCE||Blank Checks (6770)||000000000|
|Cik||Name||Reported Address||Insider Title||Director||Officer||Large Shareholder||Other|
|1715450||Chamath Palihapitiya||166 North Roadrunner Parkway |
Las Cruces NM 88011
|Sec. Name||Acquisiton - Disposition||Date||Amount||Price||Remaning Holdings||Equity Swap Involved||Form Type||Code||Nature of Ownership||Explanation|
|Common Stock||Acquisiton||2019-10-25||15,750,000||$0.00||15,750,000||No||4||C||Indirect||See footnote|
|Equity Swap Involved||Form Type||Code||Nature of Ownership||Explanation|
|Sec. Name||Sec. Type||Acquisiton - Disposition||Date||Amount||Price||Amount - 2||Price - 2|
|Common Stock||Class B Ordinary Shares||Disposition||2019-10-25||17,250,000||$0.00||15,750,000||$0.00|
|Remaning Holdings||Exercise Date||Expiration Date||Equity Swap Involved||Transaction Form Type||Transaction Code||Nature of Ownership|
- Upon the completion of the initial business combination, the Class B Ordinary Shares held of record by SCH Sponsor Corp. were automatically converted into 15,750,000 shares of the Issuer's Common Stock.
- Represents securities held of record by SCH Sponsor Corp. The Reporting Person and Ian Osborne may be deemed to beneficially own shares held by SCH Sponsor Corp. by virtue of their shared control over SCH Sponsor Corp. Each of Messrs. Palihapitiya and Osborne disclaims beneficial ownership of the securities reported herein except to the extent of their pecuniary interest therein, if any.
- On September 13, 2017, Social Capital Hedosophia Holdings Corp. ("SCH") effected a pro rata share capitalization resulting in an increase in the total number of Class B Ordinary Shares outstanding from 14,375,000 to 17,250,000 in order to maintain the ownership of Class B Ordinary Shares by the Sponsor at 20% of the issued and outstanding ordinary shares of SCH upon consummation of its initial public offering.