Triton Luxtopholding Sarl - Aug 12, 2024 Form 4 Insider Report for VIASAT INC (VSAT)

Role
Other*
Signature
Triton LuxTopHolding SARL, By: /s/ Julie Outouchent, Class A Manager; and By: /s/ Laurent Thailly, Class B Manager
Stock symbol
VSAT
Transactions as of
Aug 12, 2024
Transactions value $
-$55,947,696
Form type
4
Date filed
8/14/2024, 09:00 PM
Previous filing
Jun 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VSAT Common Stock Sale -$55.9M -2.81M -24.76% $19.90 8.55M Aug 12, 2024 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of common stock of Viasat, Inc. (the "Issuer"), par value $0.0001 per share (the "Common Stock"), were sold in a block sale at a per share price of $19.90.
F2 Reflects Common Stock directly held by Triton LuxTopHolding SARL ("Triton LuxTop"). The shareholders of Triton LuxTop are Triton Lux EquityCo SARL and Connect Syndication L.P. Apax IX GP Co. Limited ("Apax IX"), in its capacity as ultimate general partner of the Apax IX Fund (as defined herein), is the sole shareholder of Triton Lux EquityCo SARL. Apax IX is also the sole shareholder of Connect Syndication GP Co. Limited, the General Partner of Connect Syndication L.P.
F3 Apax IX is the investment manager of each of Apax IX EUR L.P., Apax IX EUR Co-Investment L.P., Apax IX USD L.P. and Apax IX USD Co-Investment L.P. (together the "Apax IX Fund") and is controlled by a board of directors consisting of Elizabeth Burne, Simon Cresswell, Andrew Guille, Martin Halusa, Paul Meader and Jeremy Latham.
F4 Each of the Reporting Persons, the Apax IX Fund and the foregoing board members disclaim their beneficial ownership of such shares of Common Stock except to the extent of a pecuniary interest held therein.

Remarks:

Triton LuxTop is party to a Stockholders Agreement with the Issuer and certain stockholders of the Issuer, and a Coordination Agreement with certain stockholders of the Issuer. As a result of such agreements, the Reporting Persons may be deemed to be a member of a "group" as defined in Rule 13d-5 of the Securities Exchange Act of 1934, as amended, with certain other stockholders. The Reporting Persons disclaim beneficial ownership of any securities of the Issuer owned by any member of such group, other than the securities reported in Table 1 of this Form 4.