MARK D. DANKBERG - 17 Nov 2024 Form 4 Insider Report for VIASAT INC (VSAT)

Role: Chairman and CEO, Director
Signature: /s/ Stacy Nguyen, Attorney-in-Fact
Issuer symbol: VSAT
Transactions as of: 17 Nov 2024
Net transactions value: -$163,362
Form type: 4
Filing time: 19 Nov 2024, 16:12:19 UTC
Previous filing: 09 Jul 2024
Next filing: 10 Jun 2025
SEC: View on sec.gov

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	+41,070		$0.000000	41,070	17 Nov 2024	Direct
transaction	VSAT	$.0001 par value common stock	Tax liability	$163,362	-22,076	-54%	$7.40	18,994	17 Nov 2024	Direct	F1
transaction	VSAT	$.0001 par value common stock	Gift	$0	-18,994	-100%	$0.000000	0	17 Nov 2024	Direct	F2
transaction	VSAT	$.0001 par value common stock	Gift	$0	+18,994	+1.1%	$0.000000	1,683,356	17 Nov 2024	By Trust
holding	VSAT	$.0001 par value common stock						4,153	17 Nov 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	-20,052	-100%	$0.000000	0	17 Nov 2024	common stock	20,052	$0.000000	Direct	F3, F4
transaction	VSAT	restricted stock unit	Options Exercise	$0	-21,018	-50%	$0.000000	21,017	17 Nov 2024	common stock	21,018	$0.000000	Direct	F4, F5

* 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 restricted stock unit was granted to Mark Dankberg, an officer of Viasat, Inc. Upon vesting the shares were contributed to The Dankberg Family Trust.
F3	The original restricted stock unit grant was for 80,208 units on 11/17/2020. Subject to the reporting person's election to defer the receipt of common stock, the units vest and convert into shares of common stock (on a 1-for-1 basis) at a rate of 1/4 on the 13th month anniversary of the grant date; 1/4th on the second anniversary of the grant date; 1/4th on the third anniversary of the grant date and 1/4 on the fourth anniversary of the grant date.
F4	Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.
F5	The original restricted stock unit grant was for 88,518 units on 11/17/2021. Subject to the Reporting Person's election to defer the receipt of common stock, the units vest and convert into shares of common stock over a four year period commencing on 12/17/2022 and ending on 11/17/2025.