Kumara Guru Gowrappan - Jun 7, 2024 Form 4 Insider Report for VIASAT INC (VSAT)

Role
President
Signature
Stacy Nguyen, Attorney-in-Fact
Stock symbol
VSAT
Transactions as of
Jun 7, 2024
Transactions value $
$0
Form type
4
Date filed
6/25/2024, 04:32 PM
Previous filing
May 14, 2024

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 Award $0 +140K $0.00 140K Jun 7, 2024 common stock 140K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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.