Kevin Christopher Siebert - 28 Feb 2025 Form 4 Insider Report for VIAVI SOLUTIONS INC. (VIAV)

Signature
/s/ Nandini Acharya, attorney-in-fact
Issuer symbol
VIAV
Transactions as of
28 Feb 2025
Net transactions value
-$72,681
Form type
4
Filing time
04 Mar 2025, 15:39:35 UTC
Previous filing
26 Sep 2024
Next filing
05 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VIAV Common Stock Options Exercise $0 +20,000 +33% $0.000000 80,373 28 Feb 2025 Direct F1
transaction VIAV Common Stock Tax liability $72,681 -6,501 -8.1% $11.18 73,872 28 Feb 2025 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 -20,000 -100% $0.000000 0 28 Feb 2025 Common Stock 20,000 $0.000000 Direct 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 on the four year anniversary of the grant date.
F4 There are no expiration dates on RSUs.