SEC Form 4 · accession 0001614436-15-000033
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
Nov 20, 2015
Accepted (ET)
Nov 23, 2015 · 6:54 pm EST
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 | Nov 20, 2015 | F | 2,569 | $36.50 | D | 32,336 | D | |
| Common StockF3,F2 | Nov 23, 2015 | S | 10,084 | $36.38 | D | 22,252 | 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 9,714 restricted stock units and 12,538 shares of restricted stock.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.13 to $36.64, 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 (3) to this Form 4.