Craig Andrew Miller - 17 Nov 2022 Form 4 Insider Report for VIASAT INC (VSAT)

Signature
Kathleen K. Hollenbeck, Attorney-in-Fact
Issuer symbol
VSAT
Transactions as of
17 Nov 2022
Net transactions value
-$71,390
Form type
4
Filing time
21 Nov 2022, 11:37:43 UTC
Previous filing
04 Nov 2022
Next filing
06 Dec 2022

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 +2,858 +38% $0.000000 10,386 17 Nov 2022 Direct
transaction VSAT $.0001 par value common stock Tax liability $51,204 -1,506 -15% $34.00 8,880 17 Nov 2022 Direct F1
transaction VSAT $.0001 par value common stock Options Exercise $0 +1,125 +13% $0.000000 10,005 19 Nov 2022 Direct
transaction VSAT $.0001 par value common stock11 Tax liability $20,186 -593 -5.9% $34.04 9,412 19 Nov 2022 Direct F1
holding VSAT $.0001 par value common stock 931 17 Nov 2022 By 401(k)
holding VSAT $.0001 par value common stock 1,592 17 Nov 2022 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 Options Exercise $0 -1,044 -50% $0.000000 1,044 17 Nov 2022 common stock 1,044 $0.000000 Direct F2, F3
transaction VSAT restricted stock unit Options Exercise $0 -1,814 -33% $0.000000 3,628 17 Nov 2022 common stock 1,814 $0.000000 Direct F3, F4
transaction VSAT restricted stock unit Options Exercise $0 -1,125 -100% $0.000000* 0 19 Nov 2022 common stock 1,125 $0.000000 Direct F3, F5
* 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 original restricted stock grant was for 4,177 shares 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 (on a 1-for-1 basis) in four (4) equal annual installments beginning on 11/17/2020.
F3 Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.
F4 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.
F5 The original restricted stock grant was for 4,500 shares on 11/19/2018. Subject to the reporting person's continued employment with the Issuer, the units vest and convert into shares of common stock (on a 1-for-1 basis) in four (4) equal annual installments beginning on 11/19/2019.