Krishna Nathan - Nov 17, 2022 Form 4 Insider Report for VIASAT INC (VSAT)

Role
Chief Information Officer
Signature
Kathleen K. Hollenbeck, Attorney-in-Fact
Stock symbol
VSAT
Transactions as of
Nov 17, 2022
Transactions value $
-$10,132
Form type
4
Date filed
11/21/2022, 01:15 PM
Previous filing
Sep 21, 2022
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 +5.08K $0.00 5.08K Nov 17, 2022 Direct
transaction VSAT $.0001 par value common stock Tax liability -$10.1K -298 -5.87% $34.00 4.78K Nov 17, 2022 Direct F1
holding VSAT $.0001 par value common stock 27.2K 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 -5.08K -33.33% $0.00 10.2K Nov 17, 2022 common stock 5.08K $0.00 Direct F2, F3
* 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 unit grant was for 20,320 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 (on a 1-for-1 basis) in four (4) equal annual installments beginning on 11/17/2021.
F3 Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.