Kevin J. Harkenrider - 10 Nov 2022 Form 4 Insider Report for VIASAT INC (VSAT)

Role: Chief Operating Officer
Signature: Kathleen K. Hollenbeck, Attorney-in-Fact
Issuer symbol: VSAT
Transactions as of: 10 Nov 2022
Net transactions value: -$143,412
Form type: 4
Filing time: 14 Nov 2022, 17:11:55 UTC
Previous filing: 06 Oct 2022
Next filing: 09 Jun 2023
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	+8,292		$0.000000	8,292	10 Nov 2022	Direct
transaction	VSAT	$.0001 par value common stock	Tax liability	$143,412	-4,367	-53%	$32.84	3,925	10 Nov 2022	Direct	F1
transaction	VSAT	$.0001 par value common stock	Gift	$0	-3,925	-100%	$0.000000^*	0	10 Nov 2022	Direct	F2
transaction	VSAT	$.0001 par value common stock	Gift	$0	+3,925	+19%	$0.000000	24,859	10 Nov 2022	By Trust
holding	VSAT	$.0001 par value common stock						3,426	10 Nov 2022	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	-3,500	-50%	$0.000000	3,500	10 Nov 2022	common stock	3,500	$0.000000	Direct	F3, F4
transaction	VSAT	restricted stock unit	Options Exercise	$0	-3,125	-33%	$0.000000	6,250	10 Nov 2022	common stock	3,125	$0.000000	Direct	F4, F5
transaction	VSAT	restricted stock unit	Options Exercise	$0	-1,667	-25%	$0.000000	5,000	10 Nov 2022	common stock	1,667	$0.000000	Direct	F4, F6

* 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 Kevin Harkenrider, an officer of ViaSat, Inc. Upon vesting the shares were contributed to The Kevin and Andrea Harkenrider Trust dated November 11, 2008.
F3	The original deferred restricted stock unit grant was for 14,000 restricted stock units on November 10, 2009. The units vested and converted into shares of common stock (on a 1-for-1 basis) at a rate of 1/4 on 12/10/2010; 1/4 on 11/10/2011; 1/4 on 11/10/2012 and 1/4 on 11/10/2013. The Reporting Person elected to defer receipt of the common stock for 10 years after each tranche vesting.
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	The original deferred restricted stock unit grant was for 12,500 restricted stock units on November 10, 2010. The units vested and converted into shares of common stock (on a 1-for-1 basis) at a rate of 1/4 on 12/10/2011; 1/4 on 11/10/2012; 1/4 on 11/10/2013 and 1/4 on 11/10/2014. The Reporting Person elected to defer receipt of the common stock for 10 years after each tranche vesting.
F6	The original deferred restricted stock unit grant was for 6,667 restricted stock units on November 10, 2011. The units vested and converted into shares of common stock (on a 1-for-1 basis) at a rate of 1/4 on 12/10/2012; 1/4 on 11/10/2013; 1/4 on 11/10/2014 and 1/4 on 11/10/2015. The Reporting Person elected to defer receipt of the common stock for 10 years after each tranche vesting.