SEC Form 4 · accession 0000899243-15-004218
Virgin America Inc. · VA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John J. Varley
Officer — Senior VP, General Counsel
Period of report
Aug 26, 2015
Accepted (ET)
Aug 28, 2015 · 7:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001614436
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Aug 26, 2015 | F | 12,151 | $31.14 | D | 39,756 | D | |
| Common StockF3,F2 | Aug 27, 2015 | S | 17,389 | $32.08 | D | 22,367 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares were withheld from the reporting person solely to cover tax obligations with respect to the issued shares.
- F2Includes 14,571 restricted stock units ("RSUs").
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.75 to $32.64, inclusive. The reporting person undertakes to provide to 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 (3) to this Form 4.