Oleg Khaykin - Sep 23, 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: Sep 23, 2021
Transactions value $: -$1,150,120
Form type: 4
Date filed: 9/27/2021, 09:01 PM
Previous filing: Sep 23, 2021
Next filing: Oct 4, 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	Sep 23, 2021	Direct	F1
transaction	VIAV	Common Stock	Tax liability	-$550K	-35.3K	-5.11%	$15.60	654K	Sep 23, 2021	Direct
transaction	VIAV	Common Stock	Options Exercise	$0	+24K	+3.66%	$0.00	678K	Sep 23, 2021	Direct	F1
transaction	VIAV	Common Stock	Tax liability	-$148K	-9.43K	-1.39%	$15.69	669K	Sep 23, 2021	Direct
transaction	VIAV	Common Stock	Options Exercise	$0	+73.2K	+10.95%	$0.00	742K	Sep 23, 2021	Direct	F1
transaction	VIAV	Common Stock	Tax liability	-$452K	-28.8K	-3.88%	$15.69	713K	Sep 23, 2021	Direct

Showing 1 to 6 of 6 entries

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	Sep 23, 2021	Common Stock	89.6K	$0.00	Direct	F1, F2, F3
transaction	VIAV	Market Stock Units	Options Exercise		-24K	-27.01%		64.8K	Sep 23, 2021	Common Stock	24K	$0.00	Direct	F1, F3, F4
transaction	VIAV	Market Stock Units	Options Exercise		-73.2K	-29.41%		176K	Sep 23, 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