Henk Derksen - 28 Aug 2022 Form 4 Insider Report for VIAVI SOLUTIONS INC. (VIAV)

Role
EVP, CFO
Signature
/s/ Donna T. Rossi, attorney-in-fact
Issuer symbol
VIAV
Transactions as of
28 Aug 2022
Net transactions value
-$42,370
Form type
4
Filing time
30 Aug 2022, 16:37:28 UTC
Previous filing
01 Jun 2022
Next filing
26 Sep 2022
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 +9,885 +29% $0.000000 43,983 28 Aug 2022 Direct F1, F2
transaction VIAV Common Stock Tax liability $42,370 -2,912 -6.6% $14.55 41,071 28 Aug 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 -9,885 -33% $0.000000 19,770 28 Aug 2022 Common Stock 9,885 $0.000000 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 278 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 Units subject to the Award shall vest annually in three equal installments over three years.
F5 There are no expiration dates on RSUs