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SCH Sponsor Corp.

Disclosed activity across 1 company

Tapewire entity
154174
SEC CIK
0001706947

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Reported relationships

Latest disclosed role at each company.

No relationships currently tracked through insider filings.

Disclosed balances

About these balances

Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.

No balances currently tracked through insider filings.

Past disclosures · reporting ended (1)

No longer tracked through insider filings. These historical balances do not imply present ownership or a zero position.

Virgin Galactic Holdings, Inc

Report date October 25, 2019 · Filed October 30, 2019

Jointly reported with Osborne Ian

Section 16 reporting ended · disclosed 2019-10-30. Current position is not established by this disclosure.

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Common StockSEC Table I · non-derivativeIndirectSee footnote15,750,000 Reported balance After 2019-10-25 transaction · row 1 Joint disclosure: continuity of the reported position is unresolved; see ownership footnotes.
1 source row

Row 1 · 2019-10-25 · Conversion · Acquired 15,750,000 · Balance 15,750,000

F1: Upon the completion of the initial business combination, the Class B Ordinary Shares held of record by SCH Sponsor Corp. were automatically converted into 15,750,000 shares of the Issuer's Common Stock.

F2: Represents securities held of record by SCH Sponsor Corp. Chamath Palihapitiya and Ian Osborne may be deemed to beneficially own shares held by SCH Sponsor Corp. by virtue of their shared control over SCH Sponsor Corp. Each of Messrs. Palihapitiya and Osborne disclaims beneficial ownership of the securities reported herein except to the extent of their pecuniary interest therein, if any.

Class B Ordinary SharesSEC Table II · derivative / convertible securityIndirectSee footnote0 Reported balance After 2019-10-25 transaction · row 2 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 2 · 2019-10-25 · Conversion · Disposed 17,250,000 · Balance 0

F1: Upon the completion of the initial business combination, the Class B Ordinary Shares held of record by SCH Sponsor Corp. were automatically converted into 15,750,000 shares of the Issuer's Common Stock.

F3: On September 13, 2017, Social Capital Hedosophia Holdings Corp. ("SCH") effected a pro rata share capitalization resulting in an increase in the total number of Class B Ordinary Shares outstanding from 14,375,000 to 17,250,000 in order to maintain the ownership of Class B Ordinary Shares by the Sponsor at 20% of the issued and outstanding ordinary shares of SCH upon consummation of its initial public offering.

F2: Represents securities held of record by SCH Sponsor Corp. Chamath Palihapitiya and Ian Osborne may be deemed to beneficially own shares held by SCH Sponsor Corp. by virtue of their shared control over SCH Sponsor Corp. Each of Messrs. Palihapitiya and Osborne disclaims beneficial ownership of the securities reported herein except to the extent of their pecuniary interest therein, if any.

WarrantsSEC Table II · derivative / convertible security · Conversion / exercise price $11.50 · Expires 2024-10-25IndirectSee footnote8,000,000 Reported balance After 2019-10-25 transaction · row 3 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 3 · 2019-10-25 · Grant · Acquired 8,000,000 · Balance 8,000,000

F2: Represents securities held of record by SCH Sponsor Corp. Chamath Palihapitiya and Ian Osborne may be deemed to beneficially own shares held by SCH Sponsor Corp. by virtue of their shared control over SCH Sponsor Corp. Each of Messrs. Palihapitiya and Osborne disclaims beneficial ownership of the securities reported herein except to the extent of their pecuniary interest therein, if any.

Filing footnotes · ownership attribution and instrument terms

F1: Upon the completion of the initial business combination, the Class B Ordinary Shares held of record by SCH Sponsor Corp. were automatically converted into 15,750,000 shares of the Issuer's Common Stock.

F2: Represents securities held of record by SCH Sponsor Corp. Chamath Palihapitiya and Ian Osborne may be deemed to beneficially own shares held by SCH Sponsor Corp. by virtue of their shared control over SCH Sponsor Corp. Each of Messrs. Palihapitiya and Osborne disclaims beneficial ownership of the securities reported herein except to the extent of their pecuniary interest therein, if any.

F3: On September 13, 2017, Social Capital Hedosophia Holdings Corp. ("SCH") effected a pro rata share capitalization resulting in an increase in the total number of Class B Ordinary Shares outstanding from 14,375,000 to 17,250,000 in order to maintain the ownership of Class B Ordinary Shares by the Sponsor at 20% of the issued and outstanding ordinary shares of SCH upon consummation of its initial public offering.

Transaction history

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Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction dateCompanyActivity / securityShares / unitsReported priceReported valueDetails
October 25, 2019 Filed Oct 30, 2019 01:01 UTC Virgin Galactic Holdings, Inc SPCE · Entity 5565 GrantWarrants · Derivative 8,000,000 $1.50 Strike: $11.50 $12,000,000.00
Disclosure

SEC source: 0000899243-19-026195 · doc4.xml · derivative · entry 3

SCH Sponsor Corp. · CIK 0001706947 · 10% owner

Osborne Ian · CIK 0001715393 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 8,000,000

Underlying: Common Stock · 8,000,000 shares

Expires 2024-10-25

F2 · ownership.nature: Represents securities held of record by SCH Sponsor Corp. Chamath Palihapitiya and Ian Osborne may be deemed to beneficially own shares held by SCH Sponsor Corp. by virtue of their shared control over SCH Sponsor Corp. Each of Messrs. Palihapitiya and Osborne disclaims beneficial ownership of the securities reported herein except to the extent of their pecuniary interest therein, if any.

Read SEC document
October 25, 2019 Filed Oct 30, 2019 01:01 UTC Virgin Galactic Holdings, Inc SPCE · Entity 5565 ConversionClass B Ordinary Shares · Derivative 17,250,000 $0.00 $34,500.00
Disclosure

SEC source: 0000899243-19-026195 · doc4.xml · derivative · entry 2

SCH Sponsor Corp. · CIK 0001706947 · 10% owner

Osborne Ian · CIK 0001715393 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 0

Underlying: Common Stock · 15,750,000 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Upon the completion of the initial business combination, the Class B Ordinary Shares held of record by SCH Sponsor Corp. were automatically converted into 15,750,000 shares of the Issuer's Common Stock.

F3 · shares: On September 13, 2017, Social Capital Hedosophia Holdings Corp. ("SCH") effected a pro rata share capitalization resulting in an increase in the total number of Class B Ordinary Shares outstanding from 14,375,000 to 17,250,000 in order to maintain the ownership of Class B Ordinary Shares by the Sponsor at 20% of the issued and outstanding ordinary shares of SCH upon consummation of its initial public offering.

F1 · derivative.exercise_date: Upon the completion of the initial business combination, the Class B Ordinary Shares held of record by SCH Sponsor Corp. were automatically converted into 15,750,000 shares of the Issuer's Common Stock.

F1 · derivative.expiration_date: Upon the completion of the initial business combination, the Class B Ordinary Shares held of record by SCH Sponsor Corp. were automatically converted into 15,750,000 shares of the Issuer's Common Stock.

F2 · ownership.nature: Represents securities held of record by SCH Sponsor Corp. Chamath Palihapitiya and Ian Osborne may be deemed to beneficially own shares held by SCH Sponsor Corp. by virtue of their shared control over SCH Sponsor Corp. Each of Messrs. Palihapitiya and Osborne disclaims beneficial ownership of the securities reported herein except to the extent of their pecuniary interest therein, if any.

Read SEC document
October 25, 2019 Filed Oct 30, 2019 01:01 UTC Virgin Galactic Holdings, Inc SPCE · Entity 5565 ConversionCommon Stock 15,750,000 Not disclosed Not disclosed
Disclosure

SEC source: 0000899243-19-026195 · doc4.xml · nonDerivative · entry 1

SCH Sponsor Corp. · CIK 0001706947 · 10% owner

Osborne Ian · CIK 0001715393 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 15,750,000

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Upon the completion of the initial business combination, the Class B Ordinary Shares held of record by SCH Sponsor Corp. were automatically converted into 15,750,000 shares of the Issuer's Common Stock.

F2 · ownership.nature: Represents securities held of record by SCH Sponsor Corp. Chamath Palihapitiya and Ian Osborne may be deemed to beneficially own shares held by SCH Sponsor Corp. by virtue of their shared control over SCH Sponsor Corp. Each of Messrs. Palihapitiya and Osborne disclaims beneficial ownership of the securities reported herein except to the extent of their pecuniary interest therein, if any.

Read SEC document

Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.