Oleg Khaykin - Feb 14, 2024 Form 4 Insider Report for VIAVI SOLUTIONS INC. (VIAV)

Role: President & CEO, Director
Signature: /s/ Donna T. Rossi, attorney-in-fact
Stock symbol: VIAV
Transactions as of: Feb 14, 2024
Transactions value $: -$1,680,787
Form type: 4
Date filed: 2/15/2024, 11:56 AM
Previous filing: Jan 3, 2024
Next filing: Mar 21, 2024
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	$7.02M	+1.18M	+102.69%	$5.95	2.33M	Feb 14, 2024	Direct	F1
transaction	VIAV	Common Stock	Tax liability	-$8.7M	-931K	-39.96%	$9.35	1.4M	Feb 14, 2024	Direct	F2, F3

Showing 1 to 2 of 2 entries

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	Non Qualified Stock Option	Options Exercise	$0	-1.18M	-100%	$0.00^*	0	Feb 14, 2024	Common Stock	1.18M	$5.95	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares reflect the exercise of a Non-Qualified stock option, granted on February 15, 2016.
F2	These shares were forfeited to cover net exercise costs and tax withholding obligations of the award-holder in connection with the exercise of a stock option.
F3	Total includes 1,615 shares purchased pursuant to the ESPP plan.
F4	Options subject to the Award shall vest annually in four equal installments, beginning on February 3, 2017.