SEC Form 4 · accession 0000899243-15-004220
Virgin America Inc. · VA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John A. MacLeod
Officer — Senior VP, Planning & Sales
Period of report
Aug 26, 2015
Accepted (ET)
Aug 28, 2015 · 7:26 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 | 9,246 | $31.14 | D | 30,742 | D | |
| Common StockF2 | Aug 27, 2015 | S | 4,200 | $32.68 | D | 26,542 | 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 9,935 restricted stock units ("RSUs").
- F3Reporting Person sold shares to account for the difference between Reporting Person's marginal tax rate and minimum tax withholding rate in connection with the vesting of RSUs.