Oleg Khaykin - Dec 12, 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
Dec 12, 2022
Transactions value $
-$34,162
Form type
4
Date filed
12/14/2022, 12:15 PM
Previous filing
Dec 12, 2022
Next filing
Dec 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VIAV Common Stock Sale -$34.2K -3.1K -0.36% $11.02 862K Dec 13, 2022 Direct F1, F2

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 Performance Stock Units Award $0 +123K $0.00 123K Dec 12, 2022 Common Stock 123K $0.00 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sales of stock made to facilitate tax planning.
F2 This transaction was executed in multiple trades at prices ranging from $11.00 to $11.11. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 Each performance stock unit converts upon vesting into one share of common stock.
F4 Represents performance stock units for which the performance condition was determined by the Board to have been satisfied on December 12, 2022, which will vest in full on February 28, 2025, subject to the reporting person's continued service through the vesting date.