David Louis Ryan - Nov 17, 2022 Form 4 Insider Report for VIASAT INC (VSAT)

Role: President Commercial Networks
Signature: Kathleen K. Hollenbeck, Attorney-in-Fact
Stock symbol: VSAT
Transactions as of: Nov 17, 2022
Transactions value $: -$181,969
Form type: 4
Date filed: 11/21/2022, 01:07 PM
Previous filing: Dec 20, 2021
Next filing: Dec 20, 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	+8.49K	+62.36%	$0.00	22.1K	Nov 17, 2022	Direct
transaction	VSAT	$.0001 par value common stock	Tax liability	-$152K	-4.47K	-20.23%	$34.00	17.6K	Nov 17, 2022	Direct	F1
transaction	VSAT	$.0001 par value common stock	Options Exercise	$0	+1.67K	+9.44%	$0.00	19.3K	Nov 19, 2022	Direct
transaction	VSAT	$.0001 par value common stock11	Tax liability	-$29.9K	-878	-4.55%	$34.04	18.4K	Nov 19, 2022	Direct	F1
holding	VSAT	$.0001 par value common stock						1.92K	Nov 17, 2022	By 401(k)	F2
holding	VSAT	$.0001 par value common stock						69	Nov 17, 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	-3.48K	-50%	$0.00	3.48K	Nov 17, 2022	common stock	3.48K	$0.00	Direct	F3, F4
transaction	VSAT	restricted stock unit	Options Exercise	$0	-5.01K	-33.33%	$0.00	10K	Nov 17, 2022	common stock	5.01K	$0.00	Direct	F4, F5
transaction	VSAT	restricted stock unit	Options Exercise	$0	-1.67K	-100%	$0.00^*	0	Nov 19, 2022	common stock	1.67K	$0.00	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	Includes 472 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.
F3	The original restricted stock unit grant was for 13,922 restricted stock units on 11/15/2019. 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.
F5	The original restricted stock unit grant was for 20,053 restricted stock units on 11/17/2020. 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.
F6	The original restricted stock unit grant was for 6,667 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.