Gary W. Staley - 28 Aug 2023 Form 4 Insider Report for VIAVI SOLUTIONS INC. (VIAV)

Role
SVP Global Sales NSE
Signature
/s/ Donna T. Rossi, attorney-in-fact
Issuer symbol
VIAV
Transactions as of
28 Aug 2023
Net transactions value
-$136,977
Form type
4
Filing time
30 Aug 2023, 17:45:45 UTC
Previous filing
23 Feb 2023
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 +12,551 +16% $0.000000 92,578 28 Aug 2023 Direct F1
transaction VIAV Common Stock Tax liability $50,427 -4,939 -5.3% $10.21 87,639 28 Aug 2023 Direct F2
transaction VIAV Common Stock Options Exercise $0 +9,885 +11% $0.000000 97,524 28 Aug 2023 Direct F1
transaction VIAV Common Stock Tax liability $39,717 -3,890 -4% $10.21 93,634 28 Aug 2023 Direct F2
transaction VIAV Common Stock Options Exercise $0 +11,655 +12% $0.000000 105,289 28 Aug 2023 Direct F1
transaction VIAV Common Stock Tax liability $46,833 -4,587 -4.4% $10.21 100,702 28 Aug 2023 Direct 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 Restricted Stock Unit Award $0 +45,454 $0.000000 45,454 28 Aug 2023 Common Stock 45,454 $0.000000 Direct F3, F4
transaction VIAV Market Stock Units Award $0 +45,454 $0.000000 45,454 28 Aug 2023 Common Stock 45,454 $0.000000 Direct F5, F6
transaction VIAV Restricted Stock Units Options Exercise $0 -12,551 -100% $0.000000* 0 28 Aug 2023 Common Stock 12,551 $0.000000 Direct F1, F3, F4
transaction VIAV Restricted Stock Units Options Exercise $0 -9,885 -50% $0.000000 9,885 28 Aug 2023 Common Stock 9,885 $0.000000 Direct F1, F3, F4
transaction VIAV Restricted Stock Unit Options Exercise $0 -11,655 -33% $0.000000 23,310 28 Aug 2023 Common Stock 11,655 $0.000000 Direct F1, F3, F4
* 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 Units subject to the Award shall vest annually in thee equal installments over three years.
F4 There are no expiration dates on RSUs
F5 See Exhibit 99 - FY2024 MSU for vesting schedule and terms
F6 There are no expiration dates on MSUs.