Filing Details
- Accession Number:
- 0001614436-15-000008
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-11-10 19:17:44
- Reporting Period:
- 2015-11-06
- Filing Date:
- 2015-11-10
- Accepted Time:
- 2015-11-10 19:17:44
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1614436 | Virgin America Inc. | VA | Air Transportation, Scheduled (4512) | 201585173 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1620831 | Frances E. Fiorillo | C/O Virgin America Inc. 555 Airport Blvd Burlingame CA 94010 | Senior Vp, People & In-Flight | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2015-11-06 | 15,000 | $12.98 | 49,215 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2015-11-06 | 15,000 | $38.01 | 34,215 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (right to buy) | Disposition | 2015-11-06 | 15,000 | $0.00 | 15,000 | $12.98 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 34,013 | 2023-05-12 | No | 4 | M | Direct |
Footnotes
- Includes 14,571 restricted stock units.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.98 to $38.21, inclusive. The reporting person undertakes to provide Virgin America, any security holder of Virgin America, or the Staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
- The option vested in full upon the consummation of the initial public offering of the issuer and was exercisable upon the earlier to occur of (i) a Change of Control (as defined in the issuer's 2014 Equity Incentive Award Plan) at a price per share of at least $26.42 or (ii) the date on which the issuer's stock price exceeded $26.42 on a daily moving average basis for the previous six months.
Billionaire Hedge Funds
