WP Triton Co-Invest, L.P. - Aug 12, 2024 Form 4 Insider Report for VIASAT INC (VSAT)

Role
Other*
Signature
See Exhibit 99.1
Stock symbol
VSAT
Transactions as of
Aug 12, 2024
Transactions value $
-$55,947,716
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 -25.1% $19.90 8.39M Aug 12, 2024 Direct F1, F2, F3, F4, F5, F6
* 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 WP Triton Co-Invest, L.P., a Cayman Islands exempted limited partnership ("WP Triton Co-Invest"). By reason of the provisions of Rule 16a-1 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), Warburg Pincus (Callisto-A) Global Growth (Cayman), L.P., Warburg Pincus (Europa) Global Growth (Cayman), L.P., Warburg Pincus Global Growth-B (Cayman), L.P., Warburg Pincus Global Growth-E (Cayman), L.P., Warburg Pincus Global Growth Partners (Cayman), L.P., and WP Global Growth Partners (Cayman), L.P. (collectively, the "WP Global Growth Funds"), (Continued in Footnote 3)
F3 each a Cayman Islands exempted limited partnership; Warburg Pincus (Cayman) Global Growth GP, L.P., a Cayman Islands exempted limited partnership ("WPGG Cayman GP") and the general partner of each of WP Triton Co-Invest, WP Triton Investment, L.P. and each of the WP Global Growth Funds; Warburg Pincus (Cayman) Global Growth GP LLC, a Delaware limited liability company ("WPGG Cayman GP LLC") and the general partner of WPGG Cayman GP; Warburg Pincus Partners II (Cayman), L.P., a Cayman Islands exempted limited partnership ("WPP II Cayman") and the managing member of WPGG Cayman GP LLC; Warburg Pincus (Bermuda) Private Equity GP Ltd., a Bermuda exempted company ("WP Bermuda GP") and the general partner of WPP II Cayman; (Continued in Footnote 4)
F4 Warburg Pincus LLC, a New York limited liability company ("WP LLC") that manages the WP Global Growth Funds; and WP Triton Investment, L.P., a Cayman Islands exempted limited partnership, may be deemed to be the beneficial owner of the shares of Common Stock held by WP Triton Co-Invest. The parties listed above are collectively referred to as the "Warburg Pincus Reporting Persons." Information with respect to each of the Warburg Pincus Reporting Persons is given solely by such Warburg Pincus Reporting Persons, and no Warburg Pincus Reporting Person has responsibility for the accuracy or completeness of information supplied by another Warburg Pincus Reporting Person. Pursuant to Rule 16a-1(a)(4) of the Exchange Act, each of the Warburg Pincus Reporting Persons, other than WP Triton Co-Invest, herein states that this filing shall not be deemed an admission that it or he is the beneficial owner of any of the shares of Common Stock covered by this report.
F5 (Continued from footnote 4) Each of the Warburg Pincus Reporting Persons disclaims their beneficial ownership of such shares of Common Stock except to the extent of its or his pecuniary interest therein.
F6 Due to limitations of the electronic filing system certain Warburg Pincus Reporting Persons are filing a separate Form 4.

Remarks:

Form 1 of 2. WP Triton Co-Invest 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 Warburg Pincus Reporting Persons may be deemed to be a member of a "group" as defined in Rule 13d-5 of the Exchange Act with certain other stockholders. The Warburg Pincus 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.