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Virgin Galactic | 4: Statement of changes in beneficial ownership of securities-Officer Chitale Aparna

SEC announcement ·  Apr 12 08:51
Summary by Futu AI
On April 9, 2024, Aparna Chitale, EVP, Chief People Officer of Virgin Galactic Holdings, Inc (SPCE), completed a series of transactions involving the company's common stock. Chitale exercised options to acquire 41,958 shares at no cost, as indicated by the transaction code 'M', which represents the exercise or conversion of derivative security. Following this, Chitale disposed of 25,595 shares through transactions coded 'F', which are typically conducted to cover exercise prices or tax liabilities by delivering or withholding securities. These disposals were made at a price of $1.18 per share, totaling a market value of $30,202.10. After these transactions, Chitale's direct holdings in Virgin Galactic totaled 204,513 shares of common stock.
On April 9, 2024, Aparna Chitale, EVP, Chief People Officer of Virgin Galactic Holdings, Inc (SPCE), completed a series of transactions involving the company's common stock. Chitale exercised options to acquire 41,958 shares at no cost, as indicated by the transaction code 'M', which represents the exercise or conversion of derivative security. Following this, Chitale disposed of 25,595 shares through transactions coded 'F', which are typically conducted to cover exercise prices or tax liabilities by delivering or withholding securities. These disposals were made at a price of $1.18 per share, totaling a market value of $30,202.10. After these transactions, Chitale's direct holdings in Virgin Galactic totaled 204,513 shares of common stock.
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