Luke M. Scrivanich - Aug 29, 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 29, 2024
Transactions value $
-$82,511
Form type
4
Date filed
8/30/2024, 01:47 PM
Previous filing
Aug 30, 2024
Next filing
Sep 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VIAV Common Stock Sale -$82.5K -9.56K -14.92% $8.63 54.5K Aug 29, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares were sold pursuant to a rule 10b5-1 Stock Trading Plan amended February 10, 2023.
F2 This transaction was executed in multiple trades at prices ranging from $8.48 to $8.71. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.