Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VSAT | restricted stock unit | Award | $0 | +25K | $0.00 | 25K | Jun 7, 2024 | common stock | 25K | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | Each restricted stock unit represents a contingent right to receive one share of Viasat, Inc. common stock. |
F2 | Subject to the Reporting Person's election to defer the receipt of the common stock, the units vest and convert into shares of common stock (on a 1-for-1 basis) at the rate of 1/3 on the 13th month anniversary of the grant date; 1/3 on the second anniversary of the grant date; and 1/3 on the third anniversary of the grant date. |
F3 | Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer. |