Mark J. Miller - 19 Nov 2021 Form 4 Insider Report for VIASAT INC (VSAT)

Role: Executive Vice President
Signature: Kathleen K. Hollenbeck, Attorney-in-Fact
Issuer symbol: VSAT
Transactions as of: 19 Nov 2021
Net transactions value: -$40,569
Form type: 4
Filing time: 22 Nov 2021, 19:47:30 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	+2,083		$0.000000	2,083	19 Nov 2021	Direct
transaction	VSAT	$.0001 par value common stock	Tax liability	$40,569	-831	-40%	$48.82	1,252	19 Nov 2021	Direct	F1
transaction	VSAT	$.0001 par value common stock	Gift	$0	-1,252	-100%	$0.000000^*	0	19 Nov 2021	Direct	F2
transaction	VSAT	$.0001 par value common stock	Gift	$0	+1,252	+0.39%	$0.000000	321,719	19 Nov 2021	By Trust
holding	VSAT	$.0001 par value common stock						2,262	19 Nov 2021	By 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	-2,083	-50%	$0.000000	2,083	19 Nov 2021	common stock	2,083	$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	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.
F2	The restricted stock unit was granted to Mark Miller, an employee of Viasat, Inc. Upon vesting the shares were contributed to The Miller Family Trust.
F3	The original restricted stock unit grant was for 8,333 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.
F4	Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.