SEC Form 4 · accession 0001614436-16-000071
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
May 6, 2016
Accepted (ET)
May 10, 2016 · 4:00 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 | May 6, 2016 | F | 32,612 | $55.74 | D | 303,946 | D | |
| Common StockF2,F4 | May 6, 2016 | G | 45,000 | $0.00 | D | 247,695 | 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 221,661 restricted stock units and 43,994 shares of restricted stock.
- F3This denotes a charitable contribution to the Cush Charitable Gift Fund.
- F4The shares are held directly by the Cush Revocable Trust, of which Mr. Cush is the trustee.