Sec Form 4 Filing - Vieco 10 Ltd @ Virgin Galactic Holdings, Inc - 2020-05-22

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Vieco 10 Ltd
2. Issuer Name and Ticker or Trading Symbol
Virgin Galactic Holdings, Inc [ SPCE]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
CRAIGMUIR CHAMBERS, ROAD TOWN
3. Date of Earliest Transaction (MM/DD/YY)
05/22/2020
(Street)
TORTOLA, D8VG 1110
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/22/2020 S 20,650,000 D $ 15 89,790,438 D ( 1 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Vieco 10 Ltd
CRAIGMUIR CHAMBERS, ROAD TOW N
TORTOLA, D8VG 1110
X
Virgin Investments Ltd
CRAIGMUIR CHAMBERS, ROAD TOWN
TORTOLA, D8VG 1110
X
Virgin Group Investments LLC
CRAIGMUIR CHAMBERS, ROAD TOWN
TORTOLA, D8VG 1110
X
Corvina Holdings LTD
CRAIGMUIR CHAMBERS, ROAD TOWN
TORTOLA, D8VG 1110
X
Virgin Group Holdings LTD
CRAIGMUIR CHAMBERS, ROAD TOWN
TORTOLA, D8VG 1110
X
Branson Sir Richard
HEADLAND HOUSE, MOSKITO ISLAND
D8VG 1150
X
Signatures
Vieco 10 Limited By: /s/ James Cahillane, Director 05/22/2020
Signature of Reporting Person Date
Virgin Investments Limited By: /s/ James Cahillane, Attorney-in-fact 05/22/2020
Signature of Reporting Person Date
Virgin Group Investments LLC By: /s/ James Cahillane, Attorney-in-fact 05/22/2020
Signature of Reporting Person Date
Corvina Holdings Limited By: /s/ James Cahillane, Attorney-in-fact 05/22/2020
Signature of Reporting Person Date
Virgin Group Holdings Limited By: /s/ James Cahillane, Attorney-in-fact 05/22/2020
Signature of Reporting Person Date
Sir Richard Branson By: /s/ James Cahillane, Attorney-in-fact 05/22/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Vieco 10 Limited is the record holder of the common stock reported herein. The majority owner of Vieco 10 Limited is Virgin Investments Limited, whose sole shareholder is Virgin Group Investments LLC, whose sole managing member is Corvina Holdings Limited, whose sole shareholder is Virgin Group Holdings Limited. Sir Richard Branson owns and has the ability to appoint and remove the management of Virgin Group Holdings Limited and, as such, may indirectly control the decisions of Virgin Group Holdings Limited, regarding the voting and disposition of securities owned by Virgin Group Holdings Limited. As a result, each of the foregoing entities and Mr. Branson may be deemed to share beneficial ownership of the securities held by Vieco 10 Limited.

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