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SPCE.U Virgin Galactic Holdings Inc

18.00
0.00 (0.00%)
28 Jun 2024 - Closed
Delayed by 15 minutes
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% 18.00 0 01:00:00

Statement of Changes in Beneficial Ownership (4)

18/05/2020 9:17pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
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 *

Vieco 10 Ltd
2. Issuer Name and Ticker or Trading Symbol

Virgin Galactic Holdings, Inc [ SPCE ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    __X__ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

CRAIGMUIR CHAMBERS, ROAD TOWN
3. Date of Earliest Transaction (MM/DD/YYYY)

5/14/2020
(Street)

TORTOLA, D8 VG 1110
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

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

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 5/14/2020  S  1300000 D$15.9171 (1)113490438 D (2) 
Common Stock 5/15/2020  S  1275000 D$15.9935 (3)112215438 D (2) 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.44 to $16.30. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
(2) Vieco 10 Limited is the record holder of the common stock reported herein. The majority owner of Vieco 10 Limited is Virgin Investments Limited, whose sole shareholder is Virgin Group Investments LLC, whose sole managing member is Corvina Holdings Limited, whose sole shareholder is Virgin Group Holdings Limited. Sir Richard Branson owns and has the ability to appoint and remove the management of Virgin Group Holdings Limited and, as such, may indirectly control the decisions of Virgin Group Holdings Limited, regarding the voting and disposition of securities owned by Virgin Group Holdings Limited. As a result, each of the foregoing entities and Mr. Branson may be deemed to share beneficial ownership of the securities held by Vieco 10 Limited.
(3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.57 to $16.455. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Vieco 10 Ltd
CRAIGMUIR CHAMBERS, ROAD TOWN
TORTOLA, D8 VG 1110

X

Virgin Investments Ltd
CRAIGMUIR CHAMBERS, ROAD TOWN
TORTOLA, D8 VG 1110

X

Virgin Group Investments LLC
CRAIGMUIR CHAMBERS, ROAD TOWN
TORTOLA, D8 VG 1110

X

Corvina Holdings LTD
CRAIGMUIR CHAMBERS, ROAD TOWN
TORTOLA, D8 VG 1110

X

Virgin Group Holdings LTD
CRAIGMUIR CHAMBERS, ROAD TOWN
TORTOLA, D8 VG 1110

X

Branson Sir Richard
HEADLAND HOUSE, MOSKITO ISLAND
D8 VG 1150

X


Signatures
Vieco 10 Limited By: /s/ James Cahillane, Director5/18/2020
**Signature of Reporting PersonDate

Virgin Investments Limited By: /s/ James Cahillane, Attorney-in-fact5/18/2020
**Signature of Reporting PersonDate

Virgin Group Investments LLC By: /s/ James Cahillane, Attorney-in-fact5/18/2020
**Signature of Reporting PersonDate

Corvina Holdings Limited By: /s/ James Cahillane, Attorney-in-fact5/18/2020
**Signature of Reporting PersonDate

Virgin Group Holdings Limited By: /s/ James Cahillane, Attorney-in-fact5/18/2020
**Signature of Reporting PersonDate

Sir Richard Branson By: /s/ James Cahillane, Attorney-in-fact5/18/2020
**Signature of Reporting PersonDate

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