Initial Statement of Beneficial Ownership (3)
17 Abril 2020 - 1:13PM
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
*
Kley Michelle |
2. Date of Event Requiring Statement (MM/DD/YYYY)
4/9/2020
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3. Issuer Name and Ticker or Trading Symbol
Virgin Galactic Holdings, Inc [SPCE]
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(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
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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 | 3303 | 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 |
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
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Kley Michelle 166 NORTH ROADRUNNER PARKWAY SUITE 1C LAS CRUCES, NM 88011 |
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| See Remarks |
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Signatures
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/s/ Michelle Kley | | 4/17/2020 |
**Signature of Reporting Person | Date |
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