Rajeev Suri - 30 May 2024 Form 4 Insider Report for VIASAT INC (VSAT)

Role
Director
Signature
Stacy Nguyen, Attorney-in-Fact
Issuer symbol
VSAT
Transactions as of
30 May 2024
Transactions value $
$0
Form type
4
Filing time
03 Jun 2024, 16:10:52 UTC
Previous filing
13 May 2024
Next filing
09 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VSAT $.0001 par value common stock Options Exercise $0 +1K +0.39% $0.00 259K 30 May 2024 Direct

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 VSAT restricted stock unit Options Exercise $0 -1K -33.33% $0.00 2K 30 May 2024 common stock 1K $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The original grant on 05/30/23 was for 3,000 restricted stock units. Subject to the reporting person's continued service as a director of the Issuer, the units vest and convert into shares of common stock (on a 1 for 1 basis) at a rate of 1/3 on the first anniversary of the grant date; 1/3 of the second anniversary of the grant date; and 1/3 on the third anniversary of the grant date.
F2 Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of the directorship with the Issuer.