OLEG KHAYKIN - 23 Sep 2021 Form 4 Insider Report for VIAVI SOLUTIONS INC. (VIAV)

Role
President & CEO
Signature
/s/ Barbara R. Wallace, attorney-in-fact
Issuer symbol
VIAV
Transactions as of
23 Sep 2021
Transactions value $
-$1,150,120
Form type
4
Filing time
27 Sep 2021, 21:01:29 UTC
Previous filing
23 Sep 2021
Next filing
04 Oct 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 +89.6K +14.94% $0.00 690K 23 Sep 2021 Direct F1
transaction VIAV Common Stock Tax liability -$550K -35.3K -5.11% $15.60 654K 23 Sep 2021 Direct
transaction VIAV Common Stock Options Exercise $0 +24K +3.66% $0.00 678K 23 Sep 2021 Direct F1
transaction VIAV Common Stock Tax liability -$148K -9.43K -1.39% $15.69 669K 23 Sep 2021 Direct
transaction VIAV Common Stock Options Exercise $0 +73.2K +10.95% $0.00 742K 23 Sep 2021 Direct F1
transaction VIAV Common Stock Tax liability -$452K -28.8K -3.88% $15.69 713K 23 Sep 2021 Direct

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 Market Stock Units Options Exercise $0 -89.6K -100% $0.00* 0 23 Sep 2021 Common Stock 89.6K $0.00 Direct F1, F2, F3
transaction VIAV Market Stock Units Options Exercise -24K -27.01% 64.8K 23 Sep 2021 Common Stock 24K $0.00 Direct F1, F3, F4
transaction VIAV Market Stock Units Options Exercise -73.2K -29.41% 176K 23 Sep 2021 Common Stock 73.2K $0.00 Direct F1, F3, F5
* 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 See Exhibit 99.17A
F3 There are no expiration dates on MSUs.
F4 See Exhibit 99 - FY2020 MSU Exhibit for vesting schedule and terms
F5 See Exhibit 99 - FY2021 MSU Exhibit for vesting schedule and terms