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

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

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.