Keven K. Lippert - Nov 17, 2022 Form 4 Insider Report for VIASAT INC (VSAT)

Role
Executive Vice President
Signature
Kathleen K. Hollenbeck, Attorney-in-Fact
Stock symbol
VSAT
Transactions as of
Nov 17, 2022
Transactions value $
-$198,150
Form type
4
Date filed
11/21/2022, 02:45 PM
Previous filing
Dec 20, 2021
Next filing
Dec 6, 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 +7.94K +80.94% $0.00 17.7K Nov 17, 2022 Direct
transaction VSAT $.0001 par value common stock Tax liability -$142K -4.18K -23.56% $34.00 13.6K Nov 17, 2022 Direct F1
transaction VSAT $.0001 par value common stock Options Exercise $0 +3.13K +23.04% $0.00 16.7K Nov 19, 2022 Direct
transaction VSAT $.0001 par value common stock11 Tax liability -$56K -1.65K -9.86% $34.04 15K Nov 19, 2022 Direct F1
holding VSAT $.0001 par value common stock 2.54K Nov 17, 2022 By 401(k) F2

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 -4.46K -33.33% $0.00 8.91K Nov 17, 2022 common stock 4.46K $0.00 Direct F4, F5
transaction VSAT restricted stock unit Options Exercise $0 -3.13K -100% $0.00* 0 Nov 19, 2022 common stock 3.13K $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 209 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 17,825 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 12,500 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.