Robert James Blair - 07 Jul 2024 Form 4 Insider Report for VIASAT INC (VSAT)

Signature
Stacy Nguyen, Attorney-in-Fact
Issuer symbol
VSAT
Transactions as of
07 Jul 2024
Net transactions value
-$18,908
Form type
4
Filing time
09 Jul 2024, 16:29:37 UTC
Previous filing
25 Jun 2024
Next filing
19 Nov 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 +3,682 +7.6% $0.000000 52,146 07 Jul 2024 Direct F1
transaction VSAT $.0001 par value common stock Tax liability $18,908 -1,314 -2.5% $14.39 50,832 07 Jul 2024 Direct F3
holding VSAT $.0001 par value common stock 2,297 07 Jul 2024 By 401(k) F2

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 -3,682 -25% $0.000000 11,043 07 Jul 2024 common stock 3,682 $0.000000 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 740 shares purchased under the Viasat Employee Stock Purchase Plan on 01/31/2024.
F2 Includes 746 shares of common stock the Reporting Person acquired under the Viasat 401(k) Plan since the date of the Reporting Person's last ownership report.
F3 This entry represents the number of shares of Viasat, Inc. common stock withheld by the Issuer to satisfy the tax withholding obligation of the Reporting Person. These shares were not sold by the Reporting Person but were instead offset from the total number of vested shares received by the Reporting Person from the Issuer.
F4 The original restricted stock unit grant was for 14,725 units on 06/07/2023. Subject to the reporting persons 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 1/4 on the 13th month anniversary of the grant date and 1/4 on each of the second, third and fourth anniversary of the grant date.
F5 Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.