Girish Chandran - Jul 7, 2024 Form 4 Insider Report for VIASAT INC (VSAT)

Role
VP and CTO
Signature
Stacy Nguyen, Attorney-in-Fact
Stock symbol
VSAT
Transactions as of
Jul 7, 2024
Transactions value $
-$28,492
Form type
4
Date filed
7/9/2024, 04:32 PM
Previous filing
Jun 25, 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 +3.68K +11.45% $0.00 35.9K Jul 7, 2024 Direct
transaction VSAT $.0001 par value common stock Tax liability -$28.5K -1.98K -5.52% $14.39 33.9K Jul 7, 2024 Direct F2
holding VSAT $.0001 par value common stock 3.7K Jul 7, 2024 By 401(k) F1
holding VSAT $.0001 par value common stock 176 Jul 7, 2024 By spouse's 401(k)

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 -3.68K -25.01% $0.00 11K Jul 7, 2024 common stock 3.68K $0.00 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 719 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.
F2 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.
F3 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.
F4 Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.