March 13, 2024 · Form 4 insider transaction
Kim Sarah E bought 474,138 shares of Virgin Galactic Holdings, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Represents an award of restricted stock units (the "RSUs"), which will vest as follows: 50% of the RSUs will vest on the first anniversary of the Grant Date and the remaining 50% of the RSUs will vest on the second anniversary of the Grant Date, subject to the Reporting Person's continued service through the applicable vesting date. The RSUs may be settled in shares of the Issuer's common stock or, in the Issuer's discretion, cash, upon vesting.