Virgin Galactic director granted 21,816 RSUs
Strandberg Diana S. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Strandberg Diana S. reported acquisition or exercise transactions in this Form 4 filing.
Virgin Galactic Holdings director Diana S. Strandberg received an equity grant of 21,816 shares of common stock in the form of restricted stock units (RSUs). The RSUs were awarded at no cash cost and will vest in full on the one-year anniversary of the grant date, or on the next annual meeting date if that meeting occurs earlier and she does not stand for re-election. After this grant, Strandberg directly holds 92,746 shares of Virgin Galactic common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 21,816 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents an award of restricted stock units (RSUs), which vests in full on the one-year anniversary of the grant date; provided that, if (i) Reporting Person will not stand for re-election to continue to serve on the Board following the date of the Issuer's next annual meeting of stockholders following the grant date and (ii) the next annual meeting date is earlier than the one-year anniversary of the grant date, then the RSUs will vest on the next annual meeting date. The RSUs will be settled in shares of the Issuer's common stock upon vesting.
Key Figures
Key Terms
restricted stock units (RSUs) financial
vests in full financial
annual meeting of stockholders financial
FAQ
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What insider transaction did Virgin Galactic (SPCE) report for Diana S. Strandberg?
How do Diana S. Strandberg’s Virgin Galactic RSUs vest under this award?
Are Diana S. Strandberg’s Virgin Galactic RSUs settled in stock or cash?
What does transaction code "A" mean in Diana S. Strandberg’s Virgin Galactic Form 4?
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