Luke M. Scrivanich - 28 Aug 2021 Form 4 Insider Report for VIAVI SOLUTIONS INC. (VIAV)

Role
SVP General Manager OSP
Signature
/s/ Barbara R. Wallace, attorney-in-fact
Issuer symbol
VIAV
Transactions as of
28 Aug 2021
Net transactions value
-$129,709
Form type
4
Filing time
31 Aug 2021, 20:16:13 UTC
Previous filing
02 Jun 2021
Next filing
02 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VIAV Common Stock Options Exercise $0 +2,513 +5.1% $0.000000 51,691 28 Aug 2021 Direct F1, F2
transaction VIAV Common Stock Tax liability $20,771 -1,246 -2.4% $16.67 50,445 28 Aug 2021 Direct F3
transaction VIAV Common Stock Options Exercise $0 +2,513 +5% $0.000000 52,958 28 Aug 2021 Direct F1
transaction VIAV Common Stock Tax liability $20,771 -1,246 -2.4% $16.67 51,712 28 Aug 2021 Direct F3
transaction VIAV Common Stock Options Exercise $0 +10,667 +21% $0.000000 62,379 28 Aug 2021 Direct F1
transaction VIAV Common Stock Tax liability $88,168 -5,289 -8.5% $16.67 57,090 28 Aug 2021 Direct F3

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 VIAV Restricted Stock Units Options Exercise $0 -2,513 -100% $0.000000* 0 28 Aug 2021 Common Stock 2,513 $0.000000 Direct F1, F4, F5
transaction VIAV Restricted Stock Units Options Exercise $0 -2,513 -20% $0.000000 10,050 28 Aug 2021 Common Stock 2,513 $0.000000 Direct F1, F4, F5
transaction VIAV Restricted Stock Units Options Exercise $0 -10,667 -33% $0.000000 21,336 28 Aug 2021 Common Stock 10,667 $0.000000 Direct F1, F4, F5
transaction VIAV Restricted Stock Units Award $0 +26,690 $0.000000 26,690 28 Aug 2021 Common Stock 26,690 $0.000000 Direct F4, F5
transaction VIAV Market Stock Units Award $0 +26,690 $0.000000 26,690 28 Aug 2021 Common Stock 26,690 $0.000000 Direct F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each unit converts upon vesting into one share of common stock.
F2 Total includes 880 shares purchased pursuant to the ESPP plan.
F3 These shares were retained by the Company in order to meet the tax withholding obligations of the award-holder in connection with the vesting of an installment of the restricted stock award. The amount retained by the Company was not in excess of the amount of the tax liability.
F4 Units subject to the Award shall vest annually in three equal installments over three years.
F5 There are no expiration dates on RSUs
F6 See Exhibit 99 - FY2022 MSU Exhibit for vesting schedule and terms
F7 There are no expiration dates on MSUs.