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

Role
President & CEO
Signature
/s/ Barbara R. Wallace, attorney-in-fact
Stock symbol
VIAV
Transactions as of
Aug 28, 2021
Transactions value $
-$796,459
Form type
4
Date filed
8/31/2021, 08:26 PM
Previous filing
Jul 2, 2021
Next filing
Sep 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VIAV Common Stock Options Exercise $0 +17.3K +3.29% $0.00 544K Aug 28, 2021 Direct F1
transaction VIAV Common Stock Tax liability -$113K -6.8K -1.25% $16.67 537K Aug 28, 2021 Direct F2
transaction VIAV Common Stock Options Exercise $0 +16.3K +3.03% $0.00 553K Aug 28, 2021 Direct F1
transaction VIAV Common Stock Tax liability -$107K -6.41K -1.16% $16.67 547K Aug 28, 2021 Direct F2
transaction VIAV Common Stock Options Exercise $0 +87.9K +16.07% $0.00 634K Aug 28, 2021 Direct F1
transaction VIAV Common Stock Tax liability -$576K -34.6K -5.45% $16.67 600K 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 -17.3K -100% $0.00* 0 Aug 28, 2021 Common Stock 17.3K $0.00 Direct F1, F3, F4
transaction VIAV Restricted Stock Units Options Exercise $0 -16.3K -20% $0.00 65.1K Aug 28, 2021 Common Stock 16.3K $0.00 Direct F1, F3, F4
transaction VIAV Restricted Stock Units Options Exercise $0 -87.9K -33.33% $0.00 176K Aug 28, 2021 Common Stock 87.9K $0.00 Direct F1, F3, F4
transaction VIAV Market Stock Units Award $0 +208K $0.00 208K Aug 28, 2021 Common Stock 208K $0.00 Direct F5, F6
transaction VIAV Restricted Stock Units Award $0 +208K $0.00 208K Aug 28, 2021 Common Stock 208K $0.00 Direct F3, F4
* 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.