| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | VIAV | Common Stock | Sale | -$34.2 K | -3.1 K | -0.36% | $11.02 | 862 K | Dec 13, 2022 | Direct | F1, F2 |
| 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 | +123 K | $0.00 | 123 K | Dec 12, 2022 | Common Stock | 123 K | $0.00 | Direct | F3, F4 |
| 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. |