Filing Details

Accession Number:
0001706946-20-000061
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-12-16 19:03:49
Reporting Period:
2020-12-14
Accepted Time:
2020-12-16 19:03:49
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1706946 Virgin Galactic Holdings Inc SPCE Transportation Services (4700) 853608069
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1715450 Chamath Palihapitiya 166 North Roadrunner Parkway
Suite 1C
Las Cruces NM 88011
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2020-12-14 1,907,264 $26.67 8,092,736 No 4 S Direct
Common Stock Disposition 2020-12-14 92,736 $27.54 8,000,000 No 4 S Direct
Common Stock Disposition 2020-12-15 1,800,000 $24.67 6,200,000 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 15,750,000 Indirect See footnote
Footnotes
  1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at price ranging from $26.38 to $27.38. The reporting person undertakes to provide Virgin Galactic Holdings, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at price ranging from $27.39 to $27.78. The reporting person undertakes to provide the Company, any security holder of the Company, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  3. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at price ranging from $24.40 to $25.14. The reporting person undertakes to provide the Company, any security holder of the Company, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  4. 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.