Oleg Khaykin - Feb 28, 2022 Form 4 Insider Report for VIAVI SOLUTIONS INC. (VIAV)

Role
President & CEO
Signature
/s/ Donna T. Rossi, attorney-in-fact
Stock symbol
VIAV
Transactions as of
Feb 28, 2022
Transactions value $
-$118,900
Form type
4
Date filed
3/2/2022, 05:19 PM
Previous filing
Jan 4, 2022
Next filing
Mar 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VIAV Common Stock Options Exercise $0 +16.3K +2.25% $0.00 741K Feb 28, 2022 Direct F1, F2
transaction VIAV Common Stock Tax liability -$119K -7.25K -0.98% $16.40 734K Feb 28, 2022 Direct F3

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 -16.3K -33.33% $0.00 32.6K Feb 28, 2022 Common Stock 16.3K $0.00 Direct F4, 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 Total includes 1,506 shares purchased pursuant to the ESPP plan.
F3 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.
F4 1/3 of the Units subject to the Award shall vest on the first anniversary of the grant date and the remaining shares vest quarterly in eight equal installments over the following two years.
F5 There are no expiration dates on RSUs