SEC Form 4 · accession 0001614436-16-000136
Virgin America Inc. · VA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cyrus F Freidheim Jr.
Director
Period of report
Dec 14, 2016
Accepted (ET)
Dec 14, 2016 · 9:16 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 StockF1,F2 | May 5, 2016 | G | 12,900 | $0.00 | D | 39,320 | D | |
| Common StockF1,F2 | May 6, 2016 | G | 4,440 | $0.00 | D | 34,880 | D | |
| Common StockF3,F4 | Dec 14, 2016 | D | 34,880 | $57.00 | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This denotes charitable contributions.
- F2Included 9,288 restricted stock units ("RSUs").
- F3Includes 6,624 RSUs.
- F4Pursuant to the terms of the Agreement and Plan of Merger, dated April 1, 2016, by and among Virgin America Inc., Alaska Air Group, Inc. and Alpine Acquisition Corp., (i) each issued and outstanding RSU was automatically vested and converted into the right to receive $57.00 in cash, without interest and (ii) each issued and outstanding share of common stock was automatically cancelled and converted into the right to receive $57.00 in cash, without interest.