SEC Form 4 · accession 0001614436-15-000034
Virgin America Inc. · VA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
C. David Cush
Officer — President and CEO · Director
Period of report
Nov 19, 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 19, 2015 | F | 35,714 | $36.44 | D | 389,378 | D | |
| Common StockF2 | Nov 20, 2015 | F | 6,405 | $36.50 | D | 382,973 | D | |
| Common StockF2 | Nov 23, 2015 | G | 15,000 | $0.00 | D | 367,973 | D | |
| Common StockF4 | holding | — | — | — | 261,280 | I | Trust |
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 285,688 restricted stock units and 43,994 shares of restricted stock.
- F3This denotes a personal contribution to the Cush 2015 Education Trust, for the benefit of the reporting person's nieces and nephews.
- F4The shares are held directly by the Cush Revocable Trust, of which Mr. Cush is the trustee.