Craig Andrew Miller - 17 Nov 2021 Form 4 Insider Report for VIASAT INC (VSAT)

Signature
Kathleen K. Hollenbeck, Attorney-in-Fact
Issuer symbol
VSAT
Transactions as of
17 Nov 2021
Transactions value $
-$69,085
Form type
4
Filing time
19 Nov 2021, 16:56:41 UTC
Previous filing
28 May 2021
Next filing
22 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VSAT $.0001 par value common stock Options Exercise $0 +3.73K +85.7% $0.00 8.09K 17 Nov 2021 Direct F1
transaction VSAT $.0001 par value common stock Tax liability -$69.1K -1.29K -15.98% $53.43 6.8K 17 Nov 2021 Direct F2
holding VSAT $.0001 par value common stock 553 17 Nov 2021 By 401(k) F3
holding VSAT $.0001 par value common stock 1.59K 17 Nov 2021 By spouse

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 VSAT restricted stock unit Award $0 +15K $0.00 15K 17 Nov 2021 common stock 15K Direct F4, F5, F6
transaction VSAT restricted stock unit Options Exercise $0 -875 -100% $0.00* 0 17 Nov 2021 common stock 875 $0.00 Direct F6, F7
transaction VSAT restricted stock unit Options Exercise $0 -1.04K -33.33% $0.00 2.09K 17 Nov 2021 common stock 1.04K $0.00 Direct F6, F8
transaction VSAT restricted stock unit Options Exercise $0 -1.82K -25.01% $0.00 5.44K 17 Nov 2021 common stock 1.82K $0.00 Direct F6, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 273 shares purchased under the Viasat Employee Stock Purchase Plan on 06/30/2021.
F2 This entry represents the number of shares of Viasat, Inc. common stock withheld by the Issuer to satisfy the tax withholding obligation of the Reporting Person. These shares were not sold by the Reporting Person but were instead offset from the total number of vested shares received by the Reporting Person from the Issuer.
F3 Includes 224 shares of common stock the reporting person's spouse acquired under the Viasat 401(k)Plan, since the date of the reporting person's last ownership report.
F4 Each restricted stock unit represents a contingent right to receive one share of Viasat, Inc. common stock.
F5 Subject to the Reporting Person's election to defer the receipt of common stock, the units vest and convert into shares of common stock over a four year period commencing on 12/17/2022 and ending on 11/17/2025.
F6 Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.
F7 The original award was for 3,500 restricted stock units on 11/17/2017. Subject to the Reporting Person's continued employment with the Issuer, the units vest and convert into shares of common stock of the Issuer (on a 1-for-1 basis) in four (4) equal annual installments beginning on 11/17/2018.
F8 The original award was for 4,177 restricted stock units on 11/15/2019. Subject to the Reporting Person's continued employment with the Issuer, the units vest and convert into shares of common stock of the Issuer (on a 1-for-1 basis) in four (4) equal annual installments beginning on 11/17/2020.
F9 The original award was for 7,257 restricted stock units on 11/17/2020 Subject to the Reporting Person's continued employment with the Issuer, the units vest and convert into shares of common stock of the Issuer (on a 1-for-1 basis) in four (4) equal annual installments beginning on 11/17/2021.