Paul McNab - 28 Aug 2024 Form 4 Insider Report for VIAVI SOLUTIONS INC. (VIAV)

Role
EVP, Chief Mktg & Stgy Officer
Signature
/s/ Donna T. Rossi, attorney-in-fact
Issuer symbol
VIAV
Transactions as of
28 Aug 2024
Net transactions value
-$134,201
Form type
4
Filing time
30 Aug 2024, 13:12:41 UTC
Previous filing
13 Aug 2024
Next filing
30 Aug 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 $0 +8,403 +24% $0.000000 44,034 28 Aug 2024 Direct F1
transaction VIAV Common Stock Tax liability $36,159 -4,259 -9.7% $8.49 39,775 28 Aug 2024 Direct F2
transaction VIAV Common Stock Options Exercise $0 +9,907 +25% $0.000000 49,682 28 Aug 2024 Direct F1
transaction VIAV Common Stock Tax liability $42,628 -5,021 -10% $8.49 44,661 28 Aug 2024 Direct F2
transaction VIAV Common Stock Options Exercise $0 +12,879 +29% $0.000000 57,540 28 Aug 2024 Direct F1
transaction VIAV Common Stock Tax liability $55,414 -6,527 -11% $8.49 51,013 28 Aug 2024 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 Units Options Exercise $0 -8,403 -100% $0.000000 0 28 Aug 2024 Common Stock 8,403 $0.000000 Direct F1, F3, F4
transaction VIAV Restricted Stock Unit Options Exercise $0 -9,907 -50% $0.000000 9,906 28 Aug 2024 Common Stock 9,907 $0.000000 Direct F1, F3, F4
transaction VIAV Restricted Stock Unit Options Exercise $0 -12,879 -33% $0.000000 25,757 28 Aug 2024 Common Stock 12,879 $0.000000 Direct F1, F3, F4
transaction VIAV Market Stock Units Award $0 +56,216 $0.000000 56,216 28 Aug 2024 Common Stock 56,216 $0.000000 Direct F5, F6
transaction VIAV Restricted Stock Unit Award $0 +56,216 $0.000000 56,216 28 Aug 2024 Common Stock 56,216 $0.000000 Direct F4, 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 Units subject to the Award shall vest annually in three equal installments over three years.
F4 There are no expiration dates on RSUs.
F5 See Exhibit 99 - FY25 MSU for vesting schedule and terms.
F6 There are no expiration dates on MSUs.
F7 Units subject to the Award shall vest in three equal installments.