Kevin J. Harkenrider - Nov 10, 2024 Form 4 Insider Report for VIASAT INC (VSAT)

Signature
/s/ Stacy Nguyen, Attorney-in-Fact
Stock symbol
VSAT
Transactions as of
Nov 10, 2024
Transactions value $
-$37,974
Form type
4
Date filed
11/12/2024, 04:08 PM
Previous filing
Aug 13, 2024
Next filing
Nov 20, 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 +7.92K $0.00 7.92K Nov 10, 2024 Direct
transaction VSAT $.0001 par value common stock Tax liability -$38K -4.22K -53.35% $8.99 3.69K Nov 10, 2024 Direct F1
holding VSAT $.0001 par value common stock 30.3K Nov 10, 2024 By Trust
holding VSAT $.0001 par value common stock 4.58K Nov 10, 2024 By 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 -3.13K -100% $0.00 0 Nov 10, 2024 common stock 3.13K $0.00 Direct F2, F3
transaction VSAT restricted stock unit Options Exercise $0 -1.67K -50.02% $0.00 1.67K Nov 10, 2024 common stock 1.67K $0.00 Direct F3, F4
transaction VSAT restricted stock unit Options Exercise $0 -1.67K -33.34% $0.00 3.33K Nov 10, 2024 common stock 1.67K $0.00 Direct F3, F5
transaction VSAT restricted stock unit Options Exercise $0 -1.46K -25.01% $0.00 4.37K Nov 10, 2024 common stock 1.46K $0.00 Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The original deferred restricted stock unit grant was for 12,500 restricted stock units on November 10, 2010. The units vested and converted into shares of common stock (on a 1-for-1 basis) at a rate of 1/4 on 12/10/2011; 1/4 on 11/10/2012; 1/4 on 11/10/2013 and 1/4 on 11/10/2014. The Reporting Person elected to defer receipt of the common stock for 10 years after each tranche vesting.
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 original deferred restricted stock unit grant was for 6,667 restricted stock units on November 10, 2011. The units vested and converted into shares of common stock (on a 1-for-1 basis) at a rate of 1/4 on 12/10/2012; 1/4 on 11/10/2013; 1/4 on 11/10/2014 and 1/4 on 11/10/2015. The Reporting Person elected to defer receipt of the common stock for 10 years after each tranche vesting.
F5 The original deferred restricted stock unit grant was for 6,667 restricted stock units on November 12, 2012. The units vested and converted into shares of common stock (on a 1-for-1 basis) at a rate of 1/4 on 12/10/2013; 1/4 on 11/10/2014; 1/4 on 11/10/2015 and 1/4 on 11/10/2016. The Reporting Person elected to defer receipt of the common stock for 10 years after each tranche vesting.
F6 The original deferred restricted stock unit grant was for 5,833 restricted stock units on November 14, 2013. The units vested and converted into shares of common stock (on a 1-for-1 basis) at a rate of 1/4 on 12/10/2014; 1/4 on 11/10/2015; 1/4 on 11/10/2016 and 1/4 on 11/10/2017. The Reporting Person elected to defer receipt of the common stock for 10 years after each tranche vesting.