Girish Chandran - 19 Nov 2021 Form 4 Insider Report for VIASAT INC (VSAT)

Role
VP and CTO
Signature
Kathleen K. Hollenbeck, Attorney-in-Fact
Issuer symbol
VSAT
Transactions as of
19 Nov 2021
Net transactions value
-$37,494
Form type
4
Filing time
22 Nov 2021, 18:59:38 UTC
Previous filing
19 Nov 2021
Next filing
20 Dec 2021
SEC
View on sec.gov

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 +1,458 +8.2% $0.000000 19,306 19 Nov 2021 Direct
transaction VSAT $.0001 par value common stock Tax liability $37,494 -768 -4% $48.82 18,538 19 Nov 2021 Direct F1
holding VSAT $.0001 par value common stock 2,484 19 Nov 2021 By 401(k)
holding VSAT $.0001 par value common stock 176 19 Nov 2021 By spouse's 401(k)

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 Options Exercise $0 -1,458 -50% $0.000000 1,458 19 Nov 2021 common stock 1,458 $0.000000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares of Viasat, Inc. Common Stock withheld by the Issuer to satisfy tax withholding obligations. These shares were not sold by the Reporting Person but were instead offset from the total number of shares received by the Reporting Person from the Issuer.
F2 The original restricted stock unit grant was for 5,833 restricted stock units on 11/19/2018. Subject to the Reporting Person's 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.
F3 Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.