Virgin Galactic grants 238,189 RSUs to EVP
Kim Sarah E reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Kim Sarah E reported acquisition or exercise transactions in this Form 4 filing.
Virgin Galactic Holdings, Inc. reported that EVP, CLO & Corporate Secretary Sarah E. Kim received a grant of 238,189 restricted stock units (RSUs). These RSUs vest in three equal annual installments on each of the first three anniversaries of the grant date, conditioned on her continued service. Once vested, the RSUs may be settled either in shares of Virgin Galactic common stock or, at the company’s discretion, in cash. Following this compensation award, her reported direct holdings from this grant total 238,189 underlying shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 238,189 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents an award of restricted stock units (the "RSUs"), which will vest in three annual installments as follows: one-third of the RSUs will vest on each of the first three anniversaries 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, in cash.
FAQ
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What did Virgin Galactic (SPCE) disclose about Sarah E. Kim’s equity grant?
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What is the vesting schedule for Sarah E. Kim’s RSUs at Virgin Galactic (SPCE)?
Can Sarah E. Kim’s Virgin Galactic RSUs be paid in cash instead of stock?
Is Sarah E. Kim’s Form 4 transaction in SPCE stock a market purchase or sale?
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