Melinda Kimbro - Nov 17, 2021 Form 4 Insider Report for VIASAT INC (VSAT)

Role
Chief People Officer
Signature
Kathleen K. Hollenbeck, Attorney-in-Fact
Stock symbol
VSAT
Transactions as of
Nov 17, 2021
Transactions value $
-$126,255
Form type
4
Date filed
11/19/2021, 05:30 PM
Next filing
Nov 22, 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 +4.49K +56.26% $0.00 12.5K Nov 17, 2021 Direct F1
transaction VSAT $.0001 par value common stock Tax liability -$126K -2.36K -18.97% $53.43 10.1K Nov 17, 2021 Direct F2
holding VSAT $.0001 par value common stock 1.01K Nov 17, 2021 By 401(k) F3

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 +13.7K $0.00 13.7K Nov 17, 2021 common stock 13.7K Direct F4, F5
transaction VSAT restricted stock unit Options Exercise $0 -1.88K -100% $0.00* 0 Nov 17, 2021 common stock 1.88K $0.00 Direct F4, F6
transaction VSAT restricted stock unit Options Exercise $0 -2.61K -33.34% $0.00 5.22K Nov 17, 2021 common stock 2.61K $0.00 Direct F4, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 931 shares of common stock transferred to Ms. Kimbro's ex-spouse pursuant to a domestic relations order, since the date of the reporting person's last ownership report.
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 177 shares of common stock the reporting person acquired under the ViaSat 401(k)Plan, since the date of the reporting person's last ownership report.
F4 Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.
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 The original restricted stock unit grant was for 7,500 restricted stock units on 11/17/2017. Subject to the reporting persons election to defer the receipt of the common stock, the units vest and convert into shares of common stock (on a 1 for 1 basis) at the rate of 1/4 on the 13th month anniversary of the grant date; 1/4 on the second anniversary of the grant date; 1/4 on the third anniversary and 1/4 on the fourth anniversary of the grant date.
F7 The original restricted stock unit grant was for 10,442 restricted stock units on 11/15/2019. Subject to the reporting persons election to defer the receipt of the common stock, the units vest and convert into shares of common stock (on a 1 for 1 basis) at the rate of 1/4 on the 13th month anniversary of the grant date; 1/4 on the second anniversary of the grant date; 1/4 on the third anniversary and 1/4 on the fourth anniversary of the grant date.