Virgin Galactic Holdings Inc (SPCE)

[I-Man]

Palihapitiya Chamath, Director sold tons of common stock between March 2nd & 3rd !!! What's going on here???


Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 03/02/2021 S 1,289,708 D $33.88(1) 4,910,292 D
Common Stock 03/02/2021 S 310,882 D $34.92(2) 4,599,410 D
Common Stock 03/02/2021 S 700,134 D $35.95(3) 3,899,276 D
Common Stock 03/02/2021 S 710,609 D $37(4) 3,188,667 D
Common Stock 03/02/2021 S 88,667 D $37.89(5) 3,100,000 D
Common Stock 03/03/2021 S 1,111,757 D $32.29(6) 1,988,243 D
Common Stock 03/03/2021 S 826,609 D $33.4(7) 1,161,634 D
Common Stock 03/03/2021 S 1,114,706 D $34.31(8) 46,928 D
Common Stock 03/03/2021 S 46,928 D $35.07(9) 0 D
Common Stock 15,750,000 I