Virgin Group Acquisition Corp. II (VGII) 10% owner Sculptor Capital Management sold 70,182 shares for $47.8K at an average $0.68
Insider transactions reported
Sculptor Capital Management, Inc. (10% owner at Virgin Group Acquisition Corp. II, VGII) reported that they sold 70,182 shares for $47.8K at an average $0.68 between Nov 28, 2022 and Nov 30, 2022. After these transactions the filing shows 8,876,486 shares held indirectly (By SCM GC Investments Limited).
- Reporting person
- Sculptor Capital Management, Inc.
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Nov 28, 2022 | Open-market sale (S) | Class A Common Stock1, 2 | -42,482 | $0.70 | $29.7K | 8,904,186 indirect |
| Nov 29, 2022 | Open-market sale (S) | Class A Common Stock1, 3 | -7,700 | $0.68 | $5,236 | 8,896,486 indirect |
| Nov 30, 2022 | Open-market sale (S) | Class A Common Stock1, 4 | -20,000 | $0.64 | $12.8K | 8,876,486 indirect |
Holdings before and after
- Class A Common Stock: 8,946,668 to 8,876,486 indirect, By SCM GC Investments Limited
Footnotes from the filing
- 1. SCM GC Investments Limited is wholly-owned by Sculptor Master Fund Ltd. Sculptor Capital LP is the investment adviser to Sculptor Master Fund, Ltd. Sculptor Capital Holding Corporation serves as the sole general partner of Sculptor Capital LP. Sculptor Capital Management, Inc. is a holding company that is the sole shareholder of Sculptor Capital Holding Corporation. As a result, the Sculptor Master Fund Ltd may be deemed to share beneficial ownership of the securities held of record by SCM GC Investments Limited. Sculptor Master Fund Ltd disclaims beneficial ownership of the shares held by SCM GC Investments Limited except to the extent of its pecuniary interest therein and the inclusion of such shares in this report shall not be an admission of beneficial ownership for purposes of Section 16 or any other purpose.
- 2. The price reported is a weighted average price. These shares of Class A Common Stock were sold in multiple transactions ranging from $0.69 to $0.71, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
Transaction codes in this filing
- Open-market sale:
- Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
FAQ
What did Sculptor Capital Management report in this VGII Form 4?
Sculptor Capital Management, Inc. (10% owner at Virgin Group Acquisition Corp. II, VGII) reported that they sold 70,182 shares for $47.8K at an average $0.68 between Nov 28, 2022 and Nov 30, 2022. After these transactions the filing shows 8,876,486 shares held indirectly (By SCM GC Investments Limited).
How many VGII shares does Sculptor Capital Management hold after this filing?
The filing shows 8,876,486 shares held indirectly (By SCM GC Investments Limited) after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
Was this VGII insider sale made under a 10b5-1 plan?
The filing's footnotes do not mention a Rule 10b5-1 trading plan.
What does transaction code S mean on an SEC Form 4?
Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
Historical context for VGII
Earlier insider filings at VGII
- Nov 28, 2022SEC Form 4: Sculptor Capital Management, Inc. sold $34,390 worth of shares (43,700 units at $0.79)
- Nov 23, 2022SEC Form 4: Replogle John B bought $103,288 worth of shares (125,000 units at $0.83), increasing direct ownership by 35% to 484,274 units
- Nov 22, 2022SEC Form 4: Sculptor Capital Management, Inc. sold $29,840 worth of shares (30,500 units at $0.98)
- Nov 18, 2022SEC Form 4: Landesberg Stuart converted options into 2,448,961 shares and covered exercise/tax liability with 1,089,198 shares, increasing direct ownership by 508% to 1,627,571 units
- Nov 18, 2022SEC Form 4: Perry Jennie converted options into 318,348 shares and covered exercise/tax liability with 77,520 shares
- Market cap
- 30-day
- Listed since
- 2021
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