Ralph Rondinone - Aug 28, 2021 Form 4 Insider Report for VIAVI SOLUTIONS INC. (VIAV)

Role
SVP Global Operations NSE
Signature
/s/ Barbara R. Wallace, attorney-in-fact
Stock symbol
VIAV
Transactions as of
Aug 28, 2021
Transactions value $
-$102,137
Form type
4
Date filed
8/31/2021, 08:20 PM
Previous filing
Jun 2, 2021
Next filing
Sep 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VIAV Common Stock Options Exercise $0 +2.51K +7.68% $0.00 35.2K Aug 28, 2021 Direct F1
transaction VIAV Common Stock Tax liability -$18.6K -1.12K -3.16% $16.67 34.1K Aug 28, 2021 Direct F2
transaction VIAV Common Stock Options Exercise $0 +2.51K +7.37% $0.00 36.6K Aug 28, 2021 Direct F1
transaction VIAV Common Stock Tax liability -$18.6K -1.12K -3.04% $16.67 35.5K Aug 28, 2021 Direct F2
transaction VIAV Common Stock Options Exercise $0 +8.79K +24.73% $0.00 44.3K Aug 28, 2021 Direct F1
transaction VIAV Common Stock Tax liability -$65K -3.9K -8.8% $16.67 40.4K Aug 28, 2021 Direct F2

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 -2.51K -100% $0.00* 0 Aug 28, 2021 Common Stock 2.51K $0.00 Direct F1, F3, F4
transaction VIAV Restricted Stock Units Options Exercise $0 -2.51K -20% $0.00 10.1K Aug 28, 2021 Common Stock 2.51K $0.00 Direct F1, F3, F4
transaction VIAV Restricted Stock Units Options Exercise $0 -8.79K -33.33% $0.00 17.6K Aug 28, 2021 Common Stock 8.79K $0.00 Direct F1, F3, F4
transaction VIAV Restricted Stock Units Award $0 +20.8K $0.00 20.8K Aug 28, 2021 Common Stock 20.8K $0.00 Direct F3, F4
transaction VIAV Market Stock Units Award $0 +20.8K $0.00 20.8K Aug 28, 2021 Common Stock 20.8K $0.00 Direct F5, F6
* 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 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.
F3 Units subject to the Award shall vest annually in three equal installments over three years.
F4 There are no expiration dates on RSUs
F5 See Exhibit 99 - FY2022 MSU Exhibit for vesting schedule and terms
F6 There are no expiration dates on MSUs.