Initial Statement of Beneficial Ownership (3)
13 Junho 2022 - 5:22PM
Edgar (US Regulatory)
FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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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
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1. Name and Address of Reporting Person
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Chitale Aparna |
2. Date of Event Requiring Statement (MM/DD/YYYY)
6/9/2022
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3. Issuer Name and Ticker or Trading Symbol
Virgin Galactic Holdings, Inc [SPCE]
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(Last)
(First)
(Middle)
1700 FLIGHT WAY |
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director _____ 10% Owner ___X___ Officer (give title below) _____ Other (specify below) Chief People Officer / |
(Street)
TUSTIN, CA 92782
(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
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Table I - Non-Derivative Securities Beneficially Owned
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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 | 140863 (1) | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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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 Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Explanation of Responses: |
(1) | Includes: (1) an award of 20,126 Restricted Stock Units ("RSUs") award granted on September 30, 2021, which vested as to 50% of the RSUs on September 30, 2021 and the remaining 50% of which vest on September 30, 2022; (2) an award of 30,190 RSUs granted on September 30, 2021, which vest as to 25% of the RSUs on September 30, 2022 and the remaining 75% of which vest in 12 quarterly installments thereafter beginning on December 30, 2022; and (3) an award of 90,547 RSUs granted on March 16, 2022, in which 25% of the RSUs vested on March 16, 2023 and the remaining 75% of which vest in 12 quarterly installments thereafter beginning on June 16, 2023, in each case, subject to the reporting person's continued service through the applicable vest date. The RSUs will be settled in shares of the Issuer's common stock upon vesting. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Chitale Aparna 1700 FLIGHT WAY TUSTIN, CA 92782 |
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| Chief People Officer |
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Signatures
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/s/ Michelle Kley, Attorney-in-fact for Aparna Chitale | | 6/13/2022 |
**Signature of Reporting Person | Date |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
Note: | File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. |
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
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