Filing Details

Accession Number:
0000950103-20-019867
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-10-08 20:22:57
Reporting Period:
2020-10-06
Accepted Time:
2020-10-08 20:22:57
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1804591 Vg Acquisition Corp. VGAC.U () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1162738 R Douglas Brown C/O Vg Acquisition Corp.
65 Bleecker Steet, 6Th Floor
New York NY 10012
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Ordinary Shares Acquisiton 2020-10-06 100,000 $10.00 100,000 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Ordinary Shares Class B Ordinary Shares Acquisiton 2020-09-30 30,000 $0.00 30,000 $0.00
Class B Ordinary Shares Class B Shares in VG Acquisition Holdings LLC Acquisiton 2020-09-24 100,000 $0.00 703,405 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
30,000 No 4 A Direct
703,405 No 4 P Direct
Footnotes
  1. Represents the price paid per unit, with each unit consisting of (i) one Class A ordinary share and (ii) one-third of a warrant to acquire a Class A ordinary share at a price of $11.50 per share.
  2. These Class B ordinary shares will automatically convert into Class A ordinary shares on a one-for-one basis for no additional consideration concurrently with or immediately following the consummation of the initial business combination by the Issuer, on a one-for-one basis, subject to the adjustments described in the Issuer's prospectus on Form S-1 filed on September 16, 2020 (the "Prospectus"). The Class B ordinary shares have no expiration date.
  3. Represents Class B Shares in VG Acquisition Holdings LLC, a Delaware limited liability company ("Holdings"). Holdings holds an economic interest in VG Acquisition Sponsor LLC, a Cayman Islands limited liability company (the "Sponsor"). These Class B shares in Holdings represent an indirect economic entitlement to the proceeds attributable to holdings of the Sponsor, including a number of the Class B ordinary shares of the Issuer. The Class B shares in Holdings have no expiration date.
  4. A portion of the Class B ordinary shares of the Issuer acquired by the Sponsor are subject to forfeiture in the event the underwriters for the Issuer's initial public offering do not exercise in full their overallotment option in connection with that offering, all as described in the Prospectus. The number of Class B ordinary shares underlying these Class B Shares in Holdings will be adjusted to reflect any such forfeiture.