Luke M. Scrivanich - 28 Aug 2023 Form 4 Insider Report for VIAVI SOLUTIONS INC. (VIAV)

Role
SVP General Manager OSP
Signature
/s/ Donna T. Rossi, attorney-in-fact
Issuer symbol
VIAV
Transactions as of
28 Aug 2023
Net transactions value
-$152,160
Form type
4
Filing time
30 Aug 2023, 17:41:53 UTC
Previous filing
26 Sep 2022
Next filing
01 Sep 2023
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 +10,668 +23% $0.000000 56,332 28 Aug 2023 Direct F1
transaction VIAV Common Stock Tax liability $54,011 -5,290 -9.4% $10.21 51,042 28 Aug 2023 Direct F2
transaction VIAV Common Stock Options Exercise $0 +8,897 +17% $0.000000 59,939 28 Aug 2023 Direct F1
transaction VIAV Common Stock Tax liability $45,047 -4,412 -7.4% $10.21 55,527 28 Aug 2023 Direct F2
transaction VIAV Common Stock Options Exercise $0 +10,490 +19% $0.000000 66,017 28 Aug 2023 Direct F1
transaction VIAV Common Stock Tax liability $53,102 -5,201 -7.9% $10.21 60,816 28 Aug 2023 Direct F2, 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 -10,668 -100% $0.000000* 0 28 Aug 2023 Common Stock 10,668 $0.000000 Direct F1, F4, F5
transaction VIAV Restricted Stock Units Options Exercise $0 -8,897 -50% $0.000000 8,897 28 Aug 2023 Common Stock 8,897 $0.000000 Direct F1, F4, F5
transaction VIAV Restricted Stock Unit Options Exercise $0 -10,490 -33% $0.000000 20,978 28 Aug 2023 Common Stock 10,490 $0.000000 Direct F1, F4, F5
transaction VIAV Restricted Stock Unit Award $0 +40,909 $0.000000 40,909 28 Aug 2023 Common Stock 40,909 $0.000000 Direct F4, F5
transaction VIAV Market Stock Units Award $0 +40,909 $0.000000 40,909 28 Aug 2023 Common Stock 40,909 $0.000000 Direct F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each stock 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 Total includes 1,699 shares purchased pursuant to the ESPP plan.
F4 Units subject to the Award shall vest annually in thee equal installments over three years.
F5 There are no expiration dates on RSUs
F6 See Exhibit 99 - FY2024 MSU for vesting schedule and terms
F7 There are no expiration dates on MSUs.