Oleg Khaykin - May 28, 2021 Form 4 Insider Report for VIAVI SOLUTIONS INC. (VIAV)

Role
President & CEO
Signature
/s/ Barbara Wallace, Attorney-in-Fact
Stock symbol
VIAV
Transactions as of
May 28, 2021
Transactions value $
-$1,066,419
Form type
4
Date filed
6/2/2021, 04:41 PM
Next filing
Jun 10, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VIAV Common Stock Sale -$350K -20K -3.44% $17.50 561K May 28, 2021 Direct F1
transaction VIAV Common Stock Options Exercise $0 +17.3K +3.08% $0.00 578K May 28, 2021 Direct F2
transaction VIAV Common Stock Tax liability -$119K -6.8K -1.18% $17.53 571K May 28, 2021 Direct F3
transaction VIAV Common Stock Options Exercise $0 +16.3K +2.85% $0.00 587K May 28, 2021 Direct F2
transaction VIAV Common Stock Tax liability -$112K -6.41K -1.09% $17.53 581K May 28, 2021 Direct F3
transaction VIAV Common Stock Sale -$135K -7.69K -1.32% $17.53 573K Jun 1, 2021 Direct F1
transaction VIAV Common Stock Sale -$350K -20K -3.49% $17.50 553K Jun 2, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VIAV Restricted Stock Unit Options Exercise $0 -17.3K -50% $0.00 17.3K May 28, 2021 Common Stock 17.3K $0.00 Direct F2, F4
transaction VIAV Restricted Stock Units Options Exercise $0 -16.3K -16.67% $0.00 81.4K May 28, 2021 Common Stock 16.3K $0.00 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were sold pursuant to a Rule 10b5-1 Stock Trading Plan.
F2 Each unit converts upon vesting into one share of common stock.
F3 These shares were retained by the Company in order to meet the tax withholding obligations of the award-holder in connection with the vesting of an installment of the restricted stock award. The amount retained by the Company was not in excess of the amount of the tax liability.
F4 There are no expiration dates on RSUs.