Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Marchbank Jonathan
2. Date of Event Requiring Statement (Month/Day/Year)
10/10/2007
3. Issuer Name and Ticker or Trading Symbol
Virgin Mobile USA, Inc. [NYSE : VM]
(Last)
(First)
(Middle)
10 INDEPENDENCE BLVD, 2ND FLOOR
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Operating Officer
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

WARREN, NJ 07059
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Class D Units of Virgin Mobile USA, LLC (1) (2)   (3)   (3) Class A Common Stock (1) 10,243 (4) $ (4) D  
Options to Purchase Class D Units of Virgin (right to buy) (5)   (6) 03/05/2010 Class A Common Stock (5) 148,376 (3) (4) $ 17.45 (4) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Marchbank Jonathan
10 INDEPENDENCE BLVD, 2ND FLOOR
WARREN, NJ 07059
      Chief Operating Officer  

Signatures

/s/ Nathan Marinoff, Attorney-in-Fact 10/10/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Exchangeable the shares of Class A Common Stock of Virgin Mobile USA, Inc ("Class A Common Stock"), pursuant to the Reorganization and Purchase Agreement, dated as of October 10, 2007, by and among the Company, Virgin Mobile USA, LLC and other parties thereto (the "Reorganization Agreement").
(2) Mr. Marchbank's Class D Units of Virgin Mobile USA, LLC ("Class D Units"), consisting of 24 units (which are exchangeable for 10,243 restricted shares of Class A Common Stock pursuant to the Reorganization Agreement) based on the assumed exchange rate described below, were granted on May 23, 2007 and will vest 25% on May 23, 2008, 25% on May 23, 2009, 25% on May 23, 2010 and 25% on May 23, 2011.
(3) Not applicable.
(4) Based upon an assumed exchange ratio of 426.79 shares of Class A Common Stock for one LLC Unit.
(5) Exchangeable for stock options to purchases shares of Class A Common Stock pursuant to the Reorganization Agreement.
(6) Mr. Marchbank's options to purchase Class D Units were granted on March 17, 2006 and will vest 50% on March 5, 2008, 25% on March 5, 2009 and 25% on March 5, 2010.
 
Remarks:
Exhibit 24.1 - Power of Attorney

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