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
Net 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 +89,621 +15% $0.000000 689,521 23 Sep 2021 Direct F1
transaction VIAV Common Stock Tax liability $550,150 -35,266 -5.1% $15.60 654,255 23 Sep 2021 Direct
transaction VIAV Common Stock Options Exercise $0 +23,969 +3.7% $0.000000 678,224 23 Sep 2021 Direct F1
transaction VIAV Common Stock Tax liability $147,988 -9,432 -1.4% $15.69 668,792 23 Sep 2021 Direct
transaction VIAV Common Stock Options Exercise $0 +73,206 +11% $0.000000 741,998 23 Sep 2021 Direct F1
transaction VIAV Common Stock Tax liability $451,982 -28,807 -3.9% $15.69 713,191 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 -89,621 -100% $0.000000* 0 23 Sep 2021 Common Stock 89,621 $0.000000 Direct F1, F2, F3
transaction VIAV Market Stock Units Options Exercise -23,969 -27% 64,784 23 Sep 2021 Common Stock 23,969 $0.000000 Direct F1, F3, F4
transaction VIAV Market Stock Units Options Exercise -73,206 -29% 175,703 23 Sep 2021 Common Stock 73,206 $0.000000 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