Paul McNab - 28 Aug 2021 Form 4 Insider Report for VIAVI SOLUTIONS INC. (VIAV)

Role
EVP, Chief Mktg & Stgy Officer
Signature
/s/ Barbara R. Wallace, attorney-in-fact
Issuer symbol
VIAV
Transactions as of
28 Aug 2021
Net transactions value
-$127,992
Form type
4
Filing time
31 Aug 2021, 20:22:34 UTC
Previous filing
26 Aug 2021
Next filing
27 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 +6.3% $0.000000 42,394 28 Aug 2021 Direct F1
transaction VIAV Common Stock Tax liability $20,771 -1,246 -2.9% $16.67 41,148 28 Aug 2021 Direct F2
transaction VIAV Common Stock Options Exercise $0 +2,932 +7.1% $0.000000 44,080 28 Aug 2021 Direct F1
transaction VIAV Common Stock Tax liability $24,238 -1,454 -3.3% $16.67 42,626 28 Aug 2021 Direct F2
transaction VIAV Common Stock Options Exercise $0 +10,040 +24% $0.000000 52,666 28 Aug 2021 Direct F1
transaction VIAV Common Stock Tax liability $82,983 -4,978 -9.5% $16.67 47,688 28 Aug 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 -2,513 -100% $0.000000* 0 28 Aug 2021 Common Stock 2,513 $0.000000 Direct F1, F3, F4
transaction VIAV Restricted Stock Units Options Exercise $0 -2,932 -20% $0.000000 11,725 28 Aug 2021 Common Stock 2,932 $0.000000 Direct F1, F3, F4
transaction VIAV Restricted Stock Units Options Exercise $0 -10,040 -33% $0.000000 20,080 28 Aug 2021 Common Stock 10,040 $0.000000 Direct F1, F3, F4
transaction VIAV Restricted Stock Units Award $0 +25,207 $0.000000 25,207 28 Aug 2021 Common Stock 25,207 $0.000000 Direct F3, F4
transaction VIAV Market Stock Units Award $0 +25,207 $0.000000 25,207 28 Aug 2021 Common Stock 25,207 $0.000000 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.