Benjamin Edward Palmer - 14 May 2025 Form 4 Insider Report for VIASAT INC (VSAT)

Signature
Stacy Nguyen, Attorney-in-Fact
Issuer symbol
VSAT
Transactions as of
14 May 2025
Net transactions value
-$63,135
Form type
4
Filing time
10 Jun 2025, 16:26:03 UTC
Previous filing
19 Aug 2024
Next filing
19 Aug 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Palmer Benjamin Edward President, Maritime 6155 EL CAMINO REAL, CARLSBAD Stacy Nguyen, Attorney-in-Fact 10 Jun 2025 0001992819

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 +8,334 +40% $0.000000 29,065 07 Jun 2025 Direct
transaction VSAT $.0001 par value common stock Tax liability $36,076 -3,917 -13% $9.21 25,148 07 Jun 2025 Direct F1
transaction VSAT $.0001 par value common stock Options Exercise $0 +6,251 +25% $0.000000 31,399 07 Jun 2025 Direct
transaction VSAT $.0001 par value common stock Tax liability $27,059 -2,938 -9.4% $9.21 28,461 07 Jun 2025 Direct F1

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 -8,334 -33% $0.000000 16,666 07 Jun 2025 common stock 8,334 $0.000000 Direct F2, F3
transaction VSAT restricted stock unit Award $0 +18,750 $0.000000 18,750 14 May 2025 common stock 18,750 $0.000000 Direct F3, F4, F5
transaction VSAT restricted stock unit Options Exercise $0 -6,251 -33% $0.000000 12,499 07 Jun 2025 common stock 6,251 $0.000000 Direct F3, 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 original restricted stock unit grant was for 25,000 units on 06/07/2024. 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 On June 7, 2024 the reporting person was granted an award of performance-based restricted stock units, which vest based upon the Issuer's performance against certain financial performance goals for the 2025 fiscal year, subject to continued time-based vesting. On May 14, 2025, the Compensation and Human Resources Committee of the Issuer's Board of Directors determined that the financial performance goals had been met.
F5 The restricted stock units vest in three substantially equal annual installments beginning on June 7, 2025.