Garrett L. Chase - 16 Sep 2024 Form 4 Insider Report for VIASAT INC (VSAT)

Role
SVP, Chief Financial Officer
Signature
/s/ Stacy Nguyen, Attorney-in-Fact
Issuer symbol
VSAT
Transactions as of
16 Sep 2024
Net transactions value
$0
Form type
4
Filing time
18 Sep 2024, 16:44:51 UTC
Next filing
18 Feb 2025
SEC
View on sec.gov

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 Award $0 +78,143 $0.000000 78,143 16 Sep 2024 common stock 78,143 Direct F1, F2, F3
transaction VSAT restricted stock unit Award $0 +187,542 $0.000000 187,542 16 Sep 2024 common stock 187,542 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Viasat, Inc. common stock.
F2 The units vest and convert into shares of common stock (on a 1-for-1 basis) at the rate of 1/3 on the first anniversary of the grant date; 1/3 on the second anniversary of the grant date; and 1/3 on the third anniversary of the grant date.
F3 Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.
F4 The units vest and convert into shares of common stock (on a 1-for-1 basis) at the rate of 1/3 on each of February 17, 2025, 2026 and 2027.