Ralph Rondinone - Aug 28, 2024 Form 4 Insider Report for VIAVI SOLUTIONS INC. (VIAV)

Signature
/s/ Donna T. Rossi, attorney-in-fact
Stock symbol
VIAV
Transactions as of
Aug 28, 2024
Transactions value $
-$96,710
Form type
4
Date filed
8/30/2024, 01:18 PM
Previous filing
Aug 22, 2024
Next filing
Aug 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VIAV Common Stock Options Exercise $0 +6.92K +21.15% $0.00 39.6K Aug 28, 2024 Direct F1
transaction VIAV Common Stock Tax liability -$26.1K -3.07K -7.74% $8.49 36.6K Aug 28, 2024 Direct F2
transaction VIAV Common Stock Options Exercise $0 +8.16K +22.31% $0.00 44.7K Aug 28, 2024 Direct F1
transaction VIAV Common Stock Tax liability -$30.7K -3.62K -8.09% $8.49 41.1K Aug 28, 2024 Direct F2
transaction VIAV Common Stock Options Exercise $0 +10.6K +25.8% $0.00 51.7K Aug 28, 2024 Direct F1
transaction VIAV Common Stock Tax liability -$39.9K -4.7K -9.1% $8.49 47K Aug 28, 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 -6.92K -100% $0.00 0 Aug 28, 2024 Common Stock 6.92K $0.00 Direct F1, F3, F4
transaction VIAV Restricted Stock Unit Options Exercise $0 -8.16K -50% $0.00 8.16K Aug 28, 2024 Common Stock 8.16K $0.00 Direct F1, F3, F4
transaction VIAV Restricted Stock Unit Options Exercise $0 -10.6K -33.33% $0.00 21.2K Aug 28, 2024 Common Stock 10.6K $0.00 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 three equal installments over three years.
F4 There are no expiration dates on RSUs.