| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | VIAV | Common Stock | Options Exercise | $0 | +14.4K | +35.14% | $0.00 | 55.5K | Sep 22, 2022 | Direct | F1 |
| transaction | VIAV | Common Stock | Tax liability | -$52.9K | -3.98K | -7.18% | $13.29 | 51.5K | Sep 22, 2022 | Direct | F2 |
| 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 | -14.4K | -42.2% | $0.00 | 19.8K | Sep 22, 2022 | Common Stock | 14.4K | $0.00 | Direct | F1, F3, F4 |
| transaction | VIAV | Market Stock Units | Award | $0 | +31.9K | +228.97% | $0.00 | 45.8K | Sep 22, 2022 | Common Stock | 31.9K | $0.00 | Direct | F1, F4, F5 |
| Id | Content |
|---|---|
| F1 | Each unit converts upon vesting into one share of common stock. |
| F2 | 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. |
| F3 | Shares reflect the vesting of the 1st tranche of market-leveraged stock units granted on August 28, 2021 at 146% of target based on our total stockholder return during the performance periods as stated on the grant agreement. |
| F4 | There are no expiration dates on MSUs. |
| F5 | Represents the market stock units granted on May 28, 2021, which reflect the satisfaction of performance metrics. The market stock units vest on May 28, 2023, subject to continued service. |