Benjamin Edward Palmer - 17 Aug 2024 Form 4 Insider Report for VIASAT INC (VSAT)

Signature
Stacy Nguyen, Attorney-in-Fact
Issuer symbol
VSAT
Transactions as of
17 Aug 2024
Net transactions value
-$39,532
Form type
4
Filing time
19 Aug 2024, 16:18:54 UTC
Previous filing
25 Jun 2024
Next filing
10 Jun 2025

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 +5,000 +28% $0.000000 22,581 17 Aug 2024 Direct F1
transaction VSAT $.0001 par value common stock Tax liability $39,532 -2,250 -10% $17.57 20,331 17 Aug 2024 Direct 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 -5,000 -25% $0.000000 15,000 17 Aug 2024 common stock 5,000 $0.000000 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 17,581 shares previously held through Ogier Global Trustee (Jersey), Limited which were distributed to the reporting person on May 30, 2024 and are now directly owned.
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 award was for 20,000 restricted stock units on 08/17/2023. Subject to the Reporting Person's continued employment with the Issuer, the units vest and convert into shares of common stock of the Issuer (on a 1-for-1 basis) in four (4) equal annual installments beginning on 08/17/2024.
F4 Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.