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SPCE.U Virgin Galactic Holdings Inc

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Name Symbol Market Type
Virgin Galactic Holdings Inc NYSE:SPCE.U NYSE Trust
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 0 -

Initial Statement of Beneficial Ownership (3)

17/04/2020 7:13pm

Edgar (US Regulatory)


FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

OMB APPROVAL
OMB Number: 3235-0104
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Kley Michelle
2. Date of Event Requiring Statement (MM/DD/YYYY)
4/9/2020 

3. Issuer Name and Ticker or Trading Symbol

Virgin Galactic Holdings, Inc [SPCE]
(Last)        (First)        (Middle)

166 NORTH ROADRUNNER PARKWAY, SUITE 1C
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          _____ 10% Owner
___X___ Officer (give title below)        _____ Other (specify below)
See Remarks /
(Street)

LAS CRUCES, NM 88011      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
 

6. Individual or Joint/Group Filing(Check Applicable Line)

_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common stock 3303 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option  (1)12/3/2029 Common stock 300000.0 $7.46 D  

Explanation of Responses:
(1) Subject to continued service through the applicable vesting date, 75,000 of the Stock Options shall vest and become exercisable on December 2, 2020 and the remaining shares will vest in 36 equal monthly installments beginning on January 2, 2021.

Remarks:
Title of Reporting Person: Executive Vice President, General Counsel and Secretary

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Kley Michelle
166 NORTH ROADRUNNER PARKWAY
SUITE 1C
LAS CRUCES, NM 88011


See Remarks

Signatures
/s/ Michelle Kley4/17/2020
**Signature of Reporting PersonDate

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